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Gold prices are rising too quickly! Goldman Sachs is already looking at $3,300 by the end of the year before even finishing the report.
①Goldman Sachs Analysts Lina Thomas and Daan Struyven just raised the target price for gold by the end of 2025 to $3,100 per ounce last month; ②this month, the gold price has already surpassed the $3,000 mark for the first time in history, forcing Goldman Sachs to hurriedly "tear up the report" and revise their forecast.
Could Copper become the lifeline of the USA economy, surpassing the importance of Crude Oil Product?
Analysts point out that the recent price surge is essentially a "warning of fundamental supply shortages," and Trump's ultimate goal may be to "establish a copper reserve system similar to the Strategic Petroleum Reserve."
USA's "Copper Grab War": Has it suddenly turned into a "sprint race"?
① The style of the "Copper War" in the USA suddenly evolved into a "sprint race" this week... ② What troubles many traders is that if those cargo ships loaded with Copper arrive at the USA ports "slowly" after the implementation of Trump's tariffs, those who "calculated well" might face huge losses instead...
Goldman Sachs has raised its year-end gold price target to $3,300, citing that "demand from central banks and ETFs has exceeded expectations."
Goldman Sachs stated that recent ETF inflows have been unexpectedly strong, reflecting an increase in investors' demand for safe-haven assets. In addition, Goldman Sachs expects that major central banks in Asia may continue to rapidly purchase Gold over the next 3-6 years, with countries like China potentially raising their target Gold reserve ratio from the current 8% to 20-30%.
Is the sky the limit? Bank of America has raised its gold price forecasts for this year and next, aiming for 3,500 dollars!
In a recent report, Bank of America stated that Gold Futures prices are expected to rise to $3,500 per ounce over the next two years. The bank emphasized that the uncertainty caused by U.S. trade policies will continue to support gold prices in the short term.
Goldman Sachs has raised its gold price forecast for the end of 2025, potentially exceeding $4,200 in extreme scenarios.
Goldman Sachs' latest report: By the end of 2025, the expected gold price has been raised to $3,300, with extreme scenarios possibly breaking the $4,200 barrier! Will a ceasefire in Ukraine and Russia or a stock market crash not impede this?