Goldman Sachs forecasts Gold larger amid Trump tariffs dangers
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Goldman Sachs sees gold as a robust hedge towards potential dangers from Trump-era tariffs, predicting costs will rise additional in 2025.
I posted on their forecast yesterday:
- Goldman Sachs have reiterated their gold goal of $three,000 an oz by December 2025
Including a little bit extra now:
- GS highlights gold’s function as a secure haven throughout heightened Trump commerce tensions and tariff will increase
- present coverage uncertainty and up to date market consolidation create a good alternative for investing in gold
- structural demand from central banks and cyclical components, like anticipated Federal Reserve charge cuts, as key drivers
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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