Goldman still bullish on gold, China underpinning demand outlook By Investing.com Goldman Sachs remains bullish on gold, driven by expectations of potential Federal Reserve rate cuts and strong, consistent demand from China. Despite rising U.S. interest rates, which typically lower gold prices, structural changes in the Chinese market and significant gold purchases by China’s central bank are creating a robust outlook for gold. Goldman Sachs forecasts gold prices to reach $2,700 by 2025, supported by central bank buying and anticipated Western capital inflows due to potential rate cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts As Borrowing Costs Soar, Equity Becomes the New Frontier for Corporate Finance READ MORE "US Taxpayers Owe $3/4 Million Each, It's the Biggest Banana Republic of All" – Mike Maloney READ MORE Fed Chair Powell Stresses Patience on Rate Cuts Amid Inflation Battle READ MORE Household Debt Climbs but Economy Shows Signs of Robust Growth READ MORE Gold Holds Steady Near $2,465 as Investors Eye CPI Report READ MORE Add a Comment Cancel replyYour email address will not be published.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