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$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges

While gold dipped below $2,500 per ounce, Goldman Sachs commodity analysts remain optimistic, suggesting gold could experience a “potential gain of 8%” amid the “current softening cyclical environment.” Goldman market…

Continue Reading$2,700 in 2025: Goldman Sachs Has ‘Highest Confidence’ in Gold Amid Market Challenges

Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time…

Continue ReadingGold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed’s Decision and Geopolitical Risks

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening U.S. dollar. The main factors behind…

Continue ReadingUBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions