The Swiss Goldman Sachsan Swiss groups have raised its concessions over gold prices, with stronger demand than the central banks and the role of yellow metal as a hedging tool against recession and geopolitical risks, which supports expectations of more prices in 2025.
Goldman analysts, Sachs, including Lina Thomas, expect the price of gold to 3700 dollars an ounce by the end of this year, with expectations of reaching $ 4000 an ounce by mid -2026, while the strategic expert in UPS expected, Johnny Tovers, reaching $ 3500 an ounce by December 2025, according to two separate memoirs on Friday.
The new expectations come after the price of gold increased by 6.6% last week, and the prices recorded a new record above 3245 dollars an ounce today in immediate transactions before it declined to $ 3224 an ounce in the latest transactions.
The banks issued their previous updates to their expectations in March, indicating a strong consensus on the high prices of alloys in light of an environment of uncertainty, while destabilizing the commercial policies of US President Donald Trump to global markets.
Goldman Sachs analysts suggested that the average official sector purchases would reach about 80 tons per month this year, increasing their previous estimates of 70 tons, and confirmed their recommendation for long -term investment in the gold trade.
They added that the high risk of stagnation is likely to stimulate flows to the alloys -backed indicators.
Renew the request
“The recent flows surprised investors, which probably reflects the renewal of investors to hedge from the risks of stagnation and low risk assets prices,” said Goldman Sach analysts. Dollars an ounce by the end of the year. “
Meanwhile, UBS expects a strong demand from different markets, including central banks, long -term asset managers, total investment funds, private wealth funds, and retailers – where changes in global trade and geopolitical backgrounds are enhanced by the need to allocate investments for safe havens, however, Tefes indicated that there is a field for further investment in gold, as it is, as Market centers have not yet witnessed a significant congestion.
Today’s transactions
In today’s dealings, gold prices fell today, Monday, from their highest levels ever, but they remained above the level of $ 3,200 an ounce.
In early transactions, gold fell in immediate transactions 0.4% to 3222.49 dollars an ounce, and gold reached an unprecedented increase at 3245.42 dollars an ounce earlier in the session.
US gold futures fell 0.2% to $ 3238.50 an ounce.
Gold prices pressed the decline of trade tension after US President Trump announced the exclusion of smartphones and computers from American counter -tariffs.
As for other precious metals:
- Silver settled in instant transactions at $ 32.27 an ounce.
- Platinum advances 1% to $ 952.10 an ounce.
- Palladium increased 2.2% to $ 935.38 an ounce.
