Goldman Raises Gold Target to $3,100 as Central Banks Stack
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…
Bank of America: Triple Threat Could Send Gold to Record $3,500
Bank of America sees potential for gold to surge above $3,500, driven by increasing demand from central banks, particularly in developing nations. BofA strategist Michael Widmer notes that a combined 10% increase in purchases from retail investors, institutional funds, and central banks could push gold to this new height. Gold…
Singapore Ships 11 Tons of Gold to US as Markets Diverge
Singapore’s gold exports to the United States surged to 11 tons in January 2025, marking a 27% increase from December and the highest level since March 2022. This significant shift in traditional trading patterns, which typically see Singapore’s gold flowing to Asian markets, comes as the global gold market faces…
Gold’s Biggest Risk? Peace in Ukraine, Says Morgan Stanley
Morgan Stanley warns that a potential Trump-brokered peace deal between Russia and Ukraine could be the biggest threat to gold’s bull run, potentially sending prices down 17% to $2,400 per ounce. The bank attributes gold’s 50% surge since 2022 primarily to increased central bank buying, which doubled to over 1,000…
Gold’s Record Run Prompts Goldman to Raise 2025 Forecast
Goldman Sachs has raised its 2025 gold price forecast to $3,100 per ounce, up from $2,890, driven by increased central bank demand and geopolitical uncertainty. The precious metal has already set eight record highs this year, reaching $2,942.70 on February 11, with global demand hitting a record 4,974.5 metric tons…
Now Everyone Can See It: The Economy Is Terrible
Now Everyone Can See It: The Economy Is Terrible Authored by Jeffrey Tucker via The Epoch Times, For years, I’ve waited for some honesty about economic data. The official numbers have not made sense. The labor numbers were all over the map with growing disparities between data-collecting methods. The output numbers did not fit with […]
Now Everyone Can See It: The Economy Is Terrible
Now Everyone Can See It: The Economy Is Terrible Authored by Jeffrey Tucker via The Epoch Times, For years, I’ve waited for some honesty about economic data. The official numbers have not made sense. The labor numbers were all over the map with growing disparities between data-collecting methods. The output numbers did not fit with […]
Now Everyone Can See It: The Economy Is Terrible
Now Everyone Can See It: The Economy Is Terrible Authored by Jeffrey Tucker via The Epoch Times, For years, I’ve waited for some honesty about economic data. The official numbers have not made sense. The labor numbers were all over the map with growing disparities between data-collecting methods. The output numbers did not fit with […]
Now Everyone Can See It: The Economy Is Terrible
Now Everyone Can See It: The Economy Is Terrible Authored by Jeffrey Tucker via The Epoch Times, For years, I’ve waited for some honesty about economic data. The official numbers have not made sense. The labor numbers were all over the map with growing disparities between data-collecting methods. The output numbers did not fit with […]
Now Everyone Can See It: The Economy Is Terrible
Now Everyone Can See It: The Economy Is Terrible Authored by Jeffrey Tucker via The Epoch Times, For years, I’ve waited for some honesty about economic data. The official numbers have not made sense. The labor numbers were all over the map with growing disparities between data-collecting methods. The output numbers did not fit with […]