Gold prices hit a record high above $5,200 per ounce, prompting major banks including Goldman Sachs and Deutsche Bank to raise their forecasts, with some now projecting prices could reach $6,000 amid heightened geopolitical risks and central bank demand.
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Gold Price Outlook Raised Repeatedly—Forecasts Now Reach $6,000
Gold prices hit a record high above $5,200 per ounce, prompting major banks including Goldman Sachs and Deutsche Bank to raise their forecasts, with some now projecting prices could reach $6,000 amid heightened geopolitical risks and central bank demand.
Goldman Sachs Forecasts Gold Prices to Rise 6% to $4,000 by Mid-Next Year
Goldman Sachs forecasts gold prices to reach $4,000 per ounce by mid-2025, citing strong central bank demand, Fed policy, and ETF inflows as key drivers.
First Fed Rate Cut Since Trump’s Election Sparks Forecasts of Prolonged Gold Rally
Gold prices are expected to rally through next year as the first Fed rate cut since Trump’s election, combined with strong central bank demand, drives bullish momentum.
UBS Sees Gold Prices Rising for Another Year—Key Drivers Are US Inflation and Sluggish Growth
UBS has raised its gold price forecasts, citing persistent US inflation, sluggish growth, and potential Fed policy shifts as key drivers for continued gains over the next year.
[New York Gold Price] Above $3,100, Setting New Records Daily - Highest Quarter in 38 Years
Gold prices soar above $3,100, setting daily records and marking the best quarter in 38 years amid geopolitical tensions, inflation concerns, and strong investment demand
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