Goldman Sachs: Gold is worth $3,000 next year
2024-10-29 22:16:37
We formalized our gold pricing framework and detailed the drivers of our bullish forecast, which expects gold prices to rise about 10 per cent to $3,000 an ounce by December 2025, Goldman Sachs said. Our model explains monthly price movements well by aggregating physical gold demand from financial and monetary authorities, investors and speculators.
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