Goldman Sachs has backed down! No longer predicting that gold prices will reach 3000 dollars this year.
Goldman Sachs predicts that gold prices will not reach $3,000 this year, delaying that prediction until mid-2026. Additionally, Goldman Sachs forecasts that the S&P 500 Index is expected to rise by 11% to 6,500 points by the end of this year.
Goldman Sachs has postponed its prediction of gold prices reaching $3,000 to mid-2026, primarily due to the Federal Reserve's slowdown in interest rate cuts.
Goldman Sachs expects that gold prices will not reach $3,000 per ounce by the end of 2025 and has pushed this prediction to mid-2026 due to market expectations that the Federal Reserve will reduce the magnitude of rate cuts.
Prepare for the surge in gold prices this year! Kitco's annual survey: retail traders have strong confidence in the call potential of gold.
The well-known Gold News website Kitco reported that after an increase of nearly 30% in 2024, Gold prices continue to inspire confidence among many Industry experts, while most retail traders believe that in 2025, Gold prices will break through $3000 per ounce. Chantelle Schieven, research director at Capitalight Research, expects that Gold prices will exceed $3000 per ounce in the second half of the year.
Federal Reserve officials express concerns about inflation, and gold prices hover around $2,640.
Statements made by Federal Reserve officials over the weekend have reinforced the view that the Fed will adopt a more cautious approach to interest rate cuts this year.
Major signals in the Gold market! After a surge last year, Wall Street Banks view the trend of gold prices in 2025.
The Financial Times of the United Kingdom reported that Wall Street Analysts suggest that gold prices will rise further by 2025. However, after a sharp increase of 27% last year, the pace of gold price rises may slow down. According to the average forecasts from the banks and refiners surveyed, gold prices are expected to climb to around $2,795 per ounce by the end of 2025. This is approximately 6% higher than current levels.
Gold has suddenly changed dramatically! Gold prices have dropped nearly 20 dollars. Two charts show the technical outlook for gold. How can investors take profits?
#Gold Technical Analysis# 24K99 News On Friday (January 3), spot gold suddenly fell sharply after briefly breaking through $2665 per ounce, closing below $2640 per ounce.
Trump's trade promotes safe-haven bids, Emerging Markets currencies and Gold show divergence in trends.
With Donald Trump being re-elected as the president of the USA, investors are eager to act, while Gold and MMF, two types of Assets that typically move in tandem with the dollar, have been diverging.
Gold Futures End Higher Amidst Ongoing Geopolitical Tensions
Major technical signals for Gold! Gold prices have broken through all key resistance levels. How to Trade Gold with significant data approaching?
On Friday morning in the European market, spot Gold remained stable, with the current price around $2656 per ounce. FXStreet Senior Analyst Dhwani Mehta pointed out that Gold is buoyed by geopolitical challenges and a bullish Relative Strength Index (RSI) on the daily chart, and the price has now broken through all key resistance levels.
A major market movement is imminent! Be alert to today's significant event that could trigger intense volatility in the Euro, British Pound, Japanese Yen, and Gold trading analysis.
On Friday morning in the European market, the USD maintained a moderate downward trend, currently around 109.10; spot Gold is near 2655 dollars per ounce. This trading day, investors will pay attention to the USA ISM manufacturing PMI, which is the most important economic data from the USA this week and is expected to trigger significant market fluctuations.
Gold's Rally Tested By Overhead Resistance
The technical aspect of Gold has undergone a "dramatic change"! Renowned Institutions: Gold prices are expected to soar by about 40 dollars.
On Friday, in the Asian market's late trading, spot Gold maintained a strong trend after yesterday's surge, with the price currently around $2,660 per ounce. According to Economies.com, Gold prices have completed the formation of a Call technical pattern, which opens up room for further increases in prices, with the first target set at $2,700.00 per ounce.
Sudden reversal! Gold ETF investors "withdraw" and leave, Trump and the Federal Reserve's trading flows into three major asset markets.
After Trump's victory, Gold ETF investors withdrew their funds, directing their investments towards the dollar, the USA stock market, and Bitcoin. Currently, investors prefer to purchase physical gold rather than ETFs.
Israeli airstrikes have resulted in at least 68 deaths! How will gold prices move after surging? Chief Analyst's analysis of the technical outlook for Gold.
On Friday during the Asian market, spot Gold continued its upward trend after a surge yesterday, and the price is currently around $2663 per ounce. FXStreet's chief Analyst Valeria Bednarik stated that Gold prices will likely reach an overbought state soon, but buyers are unlikely to give up. The price of Gold is still expected to retest historical highs.
Gold Price Holds Ground Due to Safe-haven Demand Amid Rising Tensions in Middle East
The reason for the sudden surge in Gold has been found! Gold prices skyrocketed nearly 34 dollars as shocking news emerged from Iran. How to Trade Gold.
On Thursday, despite the strong rise of the dollar, spot Gold surged to a two-week high due to safe-haven Bids and a decline in U.S. Treasury yields. StoneX Analyst Rhona O'Connell stated, "But geopolitical forces (international tensions and financial uncertainty, especially the uncertainty before President Trump’s inauguration) have played a supportive role."
Gold welcomes a "good start" in 2025! Wall Street envisions the gold price soaring to 3,000 USD in 2025.
Financial giants on Wall Street generally predict that the soaring gold prices in 2024 will rise further in 2025.
2025 Gold Outlook: Three Bullish Factors, Double Tailwinds.
Large asset management companies expect that in the most optimistic scenario, Gold prices will reach at least the 3000 mark this year; even in the most pessimistic scenario, a key factor can help Gold find bottom support.
Gold Just Saw Its Biggest Yearly Gain Since 2010 — Here's Why Wall Street Says Prices Will Go Even Higher
Gold Faces Trouble Ahead as Silver Signals Weakness – Is a Bigger Selloff Coming? [Video]