Goldman Sachs: Gold aims for $3,000 next year
Goldman Sachs said we have formalised our gold pricing framework and detailed the drivers of our bullish forecast, which expects the price of gold to rise by about 10% by December 2025 to $3,000 an ounce. Our model does a good job of explaining monthly price movements by aggregating physical gold demand from financial and monetary authorities, investors and speculators.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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