Deutsche Bank Joins Goldman Sachs in Bullish Gold Forecast Deutsche Bank has increased its gold price forecast to $2,600 by the end of 2024. This follows a similar bullish adjustment by Goldman Sachs, who now expects gold to reach $2,700 per ounce. Both banks attribute their optimistic forecasts to substantial investment inflows and rising geopolitical tensions, particularly citing the Middle East conflict as reinforcing gold’s appeal as a safe haven. The recent failed missile attack by Iran on Israel further boosts this sentiment. Deutsche Bank also notes that while some early investors might take profits, new investors are likely to enter the market, sustaining demand and supporting higher prices. This sentiment has contributed to a 20% increase in gold prices over the past two months, with expectations for continued upward movement. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Chinese Gold Trading EXPLODES READ MORE Biden's Exit Sparks Gold Price Fluctuations as Traders Weigh Implications READ MORE US Debt and the Rising Specter of Bond Vigilantes: A Financial Stability Threat? READ MORE "Buy Gold and BURY IT" – Chris Martenson w/ Mike Maloney READ MORE Treasury Yields Dip as Markets Brace for Fed Rate Decision READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment