Goldman Sachs: Raises gold price forecast to $3,300, up to $4,200

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PANews
03-26
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PANews reported on March 27 that Goldman Sachs: Raised the gold price forecast for the end of 2025 from $3,100 per ounce to $3,300 per ounce, with the forecast range adjusted to $3,250-$3,520 per ounce. The medium-term gold price risk remains tilted to the upside, and in a tail risk scenario, the gold price could exceed $4,200 per ounce by the end of 2025. Large Asian central banks may continue to purchase gold rapidly in the next 3 to 6 years to reach the estimated potential gold reserve target range.

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