Goldman Sachs Raises Gold Price Forecast to $2,700, Acknowledges Rise Not Caused by Usual Macro Factors
Goldman Sachs, a leading investment banking institution, has updated its gold price forecast due to the unforeseen strong performance of the metal in 2024. In a note directed to investors, the bank expects gold to reach $2,700 per ounce by year’s end, pushed by non-traditional factors. Goldman Sachs Updates Gold Price Outlook to $2,700 per […]
Go to Source
Author: Sergio Goschenko
Related posts:
- Goldman Sachs’ Blankfein Advises Companies and Consumers to Prepare for US Recession — Says It’s a ‘Very, Very High Risk’
- Central Banks Kept Purchasing Gold in February; China Continues Gold Run
- Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million
- Metalla CEO Says Crypto Industry Is a ‘License for the Private Sector to Print Money’