Goldman Sachs: Gold is the Best Investment Right Now Goldman Sachs is strongly recommending gold as the top investment choice in the current economic climate. The bank cites gold’s unique position as a hedge against financial instability and geopolitical risks, especially in light of expected Federal Reserve interest rate cuts. Gold prices have already seen significant gains in 2024, reaching record highs, and Goldman Sachs predicts further growth to $2,700 per ounce by early 2025. This recommendation is based on factors including global uncertainty, weakening demand for other commodities, and the anticipated return of Western capital to the gold market following potential Fed rate cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Precious Metals Prices Show Mixed Trends, Index Remains Sideways READ MORE The Scene of THE CRIME READ MORE As Gold Hits $2,500, All Eyes Turn to Fed's Next Move READ MORE Vietnam Sees Stores Packed with Gold Traders READ MORE JPMorgan Bullish on Gold and Silver, Palladium Rallies READ MORE Add a Comment Cancel replyYour email address will not be published.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