Goldman Sachs: Gold is worth $3,000 next year
2024-10-29 20:45:31
Goldman Sachs, October 30: We formalized our gold pricing framework and detailed the drivers of our bullish forecast, which expects gold prices to rise by about 10% to $3,000 by December 2025. Our model explains monthly price movements well by aggregating physical gold demand from financial and monetary authorities, investors, and speculators.
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