Copper to $12,000, Gold to $2,700, Says Goldman Sachs Goldman Sachs predicts record-high prices for copper and gold in 2024 due to increased demand from AI and defense sectors. The bank forecasts copper to reach $12,000 a ton and gold to hit $2,700 an ounce. This surge is driven by a “5D Bull Market” involving disinvestment, decarbonization, de-risking, data centers, and defense spending. Low investment in new production capacity and rising demand from AI, data centers, defense, and green transitions are tightening the market for critical metals. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Teen Workforce Grows as Inflation Pressures Family Budgets READ MORE Consumer Prices Cool: Inflation Hits 2.9% in Latest Report READ MORE Persistent Inflation Challenges Eurozone, Core Prices Higher Than Anticipated READ MORE LBMA Releases Precious Metals Market Report: Q4 2023 READ MORE Analyst Says Silver Could Be Headed to $50 READ MORE Add a Comment Cancel replyYour email address will not be published.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