Goldman Sachs have reiterated their gold goal of $three,000 an oz by December 2025

Goldman Sachs with the standard suspects cited for a rising gold worth, saying structural drivers embrace:

• increased demand from central banks
• flows into exchange-traded funds
• Federal Reserve charge cuts

GS restated their US$three,000 goal for finish -2025.

Additionally cited:

• unprecedented escalation of commerce tensions might revive speculative positioning in gold
• rising concern over US fiscal sustainability

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On oil:

• Brent crude anticipated to commerce in a spread of US$70 and $85 a barrel n in2025
• GS see some close to time period danger to the upside if Trump clamps down on flows from Iran,
  “The brand new US administration additional raises the dangers to Iran provide”

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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