'Go For Gold,' Says Goldman Sachs: Precious Yellow Metal Price Would Rise In 2025 Amid Central Bank Buying, Fed Rate Cuts
'Go For Gold,' Says Goldman Sachs: Precious Yellow Metal Price Would Rise In 2025 Amid Central Bank Buying, Fed Rate Cuts
They also foresee a cyclical boost from rising investments in exchange-traded funds (ETFs) as the Federal Reserve enacts rate cuts. Additionally, geopolitical risks, particularly concerning Iran, could influence oil supply due to potential increased U.S. support for Israel and stricter sanctions enforcement.Goldman Sachs has projected a substantial increase in gold prices for the coming year, driven by heightened central bank acquisitions and expected reductions in U.S. interest rates.
高盛預計，受央行收購增加和美國利率預期下調的推動，來年金價將大幅上漲。
What Happened: Goldman Sachs has identified gold as a leading commodity trade for 2025, with prices anticipated to reach $3,000 per ounce by December 2025. Analysts, including Daan Struyven, pointed to increasing demand from central banks as a key driver of this forecast, Bloomberg reported on Monday.
發生了什麼：高盛已將黃金確定爲2025年主要的大宗商品貿易，預計到2025年12月，黃金價格將達到每盎司3,000美元。彭博社週一報道，包括達安·斯特魯伊文在內的分析師指出，中央銀行需求的增加是這一預測的關鍵驅動力。
"Go for gold," analysts said in a note.
分析師在一份報告中表示：「去買黃金。」
They also foresee a cyclical boost from rising investments in exchange-traded funds (ETFs) as the Federal Reserve enacts rate cuts. Additionally, geopolitical risks, particularly concerning Iran, could influence oil supply due to potential increased U.S. support for Israel and stricter sanctions enforcement.
他們還預計，隨着聯儲局實施減息，交易所交易基金（ETF）投資的增加將帶來週期性提振。此外，由於美國可能增加對以色列的支持以及更嚴格的制裁執行，地緣政治風險，特別是與伊朗有關的風險，可能會影響石油供應。
Gold ETFs have demonstrated robust performance in terms of year-to-date (YTD) returns, as per Benzinga Pro. SPDR Gold Trust (NYSE:GLD) has risen 24.05%, iShares Gold Trust (NYSE:IAU) increased by 24.22%, SPDR Gold MiniShares Trust (NYSE:GLDM) climbed by 24.38%, abrdn Physical Gold Shares ETF (NYSE:SGOL) gained 24.29%, and iShares Gold Trust Micro (NYSE:IAUM) advanced 24.08% year-to-date.
根據Benzinga Pro的數據，黃金ETF在年初至今（YTD）的回報率方面表現強勁。SPDR黃金信託（紐約證券交易所代碼：GLD）上漲24.05％，iShares Gold Trust（紐約證券交易所代碼：IAU）上漲24.22％，SPDR黃金迷你股信託（紐約證券交易所代碼：GLDM）上漲24.38％，abrdn實物黃金股票ETF（紐約證券交易所代碼：SGOL）上漲24.29％，iShares Gold Trust Micro（紐約證券交易所代碼：IAUM）上漲24.08％ 日期。
Why It Matters: The forecast by Goldman Sachs comes amid significant movements in the gold market. In October, the SPDR Gold Trust (GLD), the largest physically backed gold ETF, experienced its highest monthly inflows in 2.5 years earlier this month, driven by economic and policy uncertainties surrounding the U.S. presidential election. This influx pushed the fund's assets under management to $79.7 billion by the end of October, with $1.8 billion in net inflows for the month.
爲何重要：高盛的預測是在黃金市場大幅波動之際做出的。10月，受圍繞美國總統大選的經濟和政策不確定性的推動，最大的實物支持黃金ETFSPDR Gold Trust（GLD）在本月早些時候經歷了2.5年來的最高月度流入量。這種湧入使該基金管理的資產在10月底達到797億美元，本月淨流入18億美元。
However, the sentiment shifted dramatically after Donald Trump's election victory, leading to a $1 billion outflow from the SPDR Gold Trust (GLD) in early November. This marked the largest weekly outflow in over two years, as investors moved away from the safe-haven asset, anticipating a strong dollar under Trump's second term.
但是，唐納德·特朗普大選獲勝後，市場情緒發生了巨大變化，導致SPDR黃金信託基金（GLD）在11月初流出10億美元。這是兩年多來最大的每週資金外流，因爲投資者紛紛離開避險資產，預計特朗普的第二個任期內美元將走強。
- Michael Van De Poppe Says Bitcoin, Ethereum And Altcoins Close To The Point Where Investors Can 'Buy The Dip'
- 邁克爾·範德波普說，比特幣、以太幣和山寨幣已接近投資者可以 「逢低買入」 的地步
Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.
免責聲明：該內容部分是在Benzinga Neuro的幫助下製作的，並由Benzinga編輯審查和發佈。
Image via Shutterstock
圖片來自 Shutterstock
