Goldman Sachs on gold:
- reiterated its structural bullish gold view
- base case price of
$3,700 an ounce by year-end 2025 - but in
the event of a recession, the acceleration in ETF inflows could drive
the gold price to $3,880-
GS say in the case of extreme risk scenarios – such as heightened concerns over Federal
Reserve independence or shifts in U.S. reserve policy – gold could
plausibly reach $4,500 by the end of 2025
-
- $4,000 by mid-2026.
This article was written by Eamonn Sheridan at www.forexlive.com.
