🟡 Goldman Sachs Sees Gold at $4,900!
Goldman Sachs analysts are forecasting a major move in gold, with prices potentially reaching $4,900 per troy ounce this year. 📈
The bullish outlook is being supported by strong central bank demand, which analysts expect could average around 50 tonnes of gold per month. Central banks continue to increase their gold holdings as investors look for protection against inflation, currency risks, and global uncertainty.
However, Goldman Sachs’ forecast reportedly does not fully account for elevated demand through gold-backed ETFs. If ETF demand remains strong alongside central-bank purchases, gold could receive another significant boost.
Meanwhile, $BTC
is around $78,011 (+0.40%) and $ETH
near $2,453 (+0.67%).
Gold and crypto remain key assets to watch. 🚀
Goldman Sachs analysts are forecasting a major move in gold, with prices potentially reaching $4,900 per troy ounce this year. 📈
The bullish outlook is being supported by strong central bank demand, which analysts expect could average around 50 tonnes of gold per month. Central banks continue to increase their gold holdings as investors look for protection against inflation, currency risks, and global uncertainty.
However, Goldman Sachs’ forecast reportedly does not fully account for elevated demand through gold-backed ETFs. If ETF demand remains strong alongside central-bank purchases, gold could receive another significant boost.
Meanwhile, $BTC
is around $78,011 (+0.40%) and $ETH
near $2,453 (+0.67%).
Gold and crypto remain key assets to watch. 🚀
