The Goldman Sachs headline is here from Monday:
- Goldman Sachs Cuts Gold Forecast, Gold Won’t Reach $3000 in 2025
Adding a little more now:
- GS indicate a slower expected pace of the central bank’s monetary easing policy in 2025
- This will reduce demand for gold a bit, and GS notes that the impact will hit gold ETFs
- GS project prices will reach $2,910 per ounce by the end of 2025
- GS also points to a lower starting point for pricing in the new year
- The purchase of the Central Bank this year will continue to support
This article was written by Eamonn Sheridan at www.forexlive.com.
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