Goldman Sachs Forecasts Gold at $3,100 in 2025

Goldman Sachs predicts gold prices will rise 8% in 2025, reaching $3,100 per ounce. This projection is driven by strong central bank demand, with many countries increasing their gold reserves as a hedge against economic uncertainty.

Market conditions also support higher prices. Expectations of Federal Reserve interest rate cuts, along with inflation concerns and geopolitical instability, make gold an attractive safe-haven asset. Investors are turning to gold to protect their wealth amid market volatility.

If these trends persist, gold could climb even higher. Analysts suggest that continued demand from central banks and investors may push prices beyond the $3,100 mark, making 2025 another strong year for the precious metal.

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Gold prices will gain another 8% in 2025 to hit $3,100/oz – Goldman Sachs Research, Ernest Hoffman, KITCO , Feb 28. 2025