Goldman Raises Gold Target to $3,100 as Central Banks Stack

25.02.18

Goldman Sachs has raised its gold price forecast to $3,100 per ounce by the end of 2025, up from its previous $2,890 target. The revision is primarily driven by increased central bank demand, particularly from China, with monthly purchases expected to reach 50 tonnes. Goldman strategists maintain their ‘Go for…

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