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Trends

Gold Price Outlook: Metal to Rise 9% to Record Highs in 2025, Goldman Says

Central banks have been buying 15% of global annual gold production, and those buying trends should continue, Goldman Sachs said.

By: Business Insider
  • Oct 03 2024
  • 35
  • 3428 Views
Gold Price Outlook: Metal to Rise 9% to Record Highs in 2025, Goldman Says
Gold Price Outlook: Metal to R
Goldman Sachs predicts gold prices will hit $2,900 per troy ounce by early 2025. Falling interest rates and high demand from central banks in emerging markets drive this rise, Goldman said. Geopolitical tensions and economic uncertainties further sup... [2406 chars]

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