Goldman Sachs Predicts Gold Will Hit $4,900 by Year-End
Key Takeaways Goldman Sachs predicts gold will hit $4,900 per troy ounce by year-end due to high central bank demand. Central banks are buying 50 tonnes monthly, up 300% from pre-2022 levels to hedge geopolitical risk. Paused Fed rate hikes and fiscal debasement fears are spurring both institutional and private buying. Goldman Sachs: Gold to…
