Goldman’s Analysis predicts Gold Prices might exceed $4,000 – detailed report

Investment banking giant, Goldman Sach’s latest analysis suggests the gold prices might surge beyond its previously forecasted $4,000 mark. Two significant factors contribute to this upward revision. Firstly, the ongoing geopolitical tensions, which have historically bolstered the investment in gold as a ‘safe haven’ asset. Secondly, expectations of a weak dollar in the upcoming quarters prop up the gold prices, given the typical inverse relationship between the two. As these conditions persist, the possibility of the gold prices exceeding the $4,000 per ounce mark appears increasingly probable. Read More