Goldman Sachs reiterated its structural bullish view on gold, with a basic expectation of gold prices reaching $3,700 per ounce by the end of the year.

GateUser-6433627c · 2025-05-05T09:26:20+00:00

On May 5, Goldman Sachs stated that if an economic recession occurs, the estimated acceleration of ETF fund inflows will drive gold prices to reach $3,880 by the end of the year. Therefore, Goldman Sachs reiterated its structural bullish view on gold, with a basic expectation of the gold price being $3,700 per ounce by the end of the year and reaching $4,000 by mid-2026. In addition, Goldman Sachs stated that silver cannot be expected to catch up with the rise of gold, as the increase in demand for gold from Central Banks structurally raises the gold-silver price ratio. (Jin10)

GateUser-6433627c

2025-05-05 09:26:20

On May 5, Goldman Sachs stated that if a recession occurs, the estimated acceleration of ETF inflows will push gold prices to $3,880 by the end of the year. Therefore, Goldman Sachs reiterated its structural bullish view on gold, with a basic expectation of a gold price of $3,700 per ounce by the end of the year, reaching $4,000 by mid-2026. Additionally, Goldman Sachs mentioned that silver cannot be expected to catch up with the rise of gold, as the increased demand for gold from the Central Bank has structurally raised the gold-silver price ratio. (Jin10)

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