Goldman Sachs forecasts Gold higher amid Trump tariffs risks

Goldman Sachs sees gold as a strong hedge against potential risks from Trump-era tariffs, predicting prices will rise further in 2025.

I posted on their forecast yesterday:

• Goldman Sachs have reiterated their gold target of $3,000 an ounce by December 2025

Adding a little more now:

• GS highlights gold’s role as a safe haven during heightened Trump trade tensions and tariff increases
• current policy uncertainty and recent market consolidation create a favorable opportunity for investing in gold
• structural demand from central banks and cyclical factors, like expected Federal Reserve rate cuts, as key drivers

This article was written by Eamonn Sheridan at www.forexlive.com.