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Gold Rises as U.S. Trade Policy Concerns Spur Safe-Haven Buying
Gold will continue to shine this year! UBS Group has raised its gold price target to 3,200 dollars by the end of the year.
① Due to an "unprecedented market dislocation" in the Gold market, UBS Group expects that gold prices will climb to $3,200 later this year and stabilize around $3,000 by the end of the year. ② Affected by tariff uncertainties, concerns over stagflation, and ongoing global conflicts, gold is viewed as a safe-haven asset.
Why UBS and Goldman Sachs Are Boosting Their Gold Forecasts
Goldman Sachs: Raises the gold target price to $3,100 per ounce by the end of 2025.
The Fed's two rate cuts will gradually boost ETF holdings.
The central bank's demand is strong, Goldman Sachs has raised the Target Price for Gold, aiming for 3100 dollars!
Goldman Sachs believes that rising concerns over inflation and fiscal risks may drive central banks to purchase more Gold, especially those holding a large amount of U.S. Treasury bonds. Compounded by increasing worries over Trump's destructive tariff policies, Goldman Sachs has raised the year-end Target Price to $3,100, stating, “If economic policy uncertainty persists, increased speculative positions may drive Gold prices soaring to $3,300.”
3100 USD! Goldman Sachs raises its year-end gold price forecast and continues to recommend 'Buy'.
①Goldman Sachs has raised its forecast for gold prices at the end of 2025 from $2,890 to $3,100, due to strong demand for gold from global central banks; ②Goldman Sachs further predicts that if policy uncertainty remains high, gold prices could soar to $3,300; if central banks purchase an average of 70 tons of gold per month, gold prices could reach $3,200.
smoothshoe : No mention of $AMERICAN RARE EARTHS LTD (ARRNF.US)$ $MP Materials (MP.US)$
Kevin Matte OP : They could have talked about it but they usually focus on uranium, it was an exception that he talked about other metals. Thank you, these are companies that I didn't know about that I'm going to keep an eye on ^^