Goldman Sachs Urges Investors to Bet on Gold Goldman Sachs advises investors to invest in gold as the Federal Reserve is expected to cut interest rates soon. Despite a slight dip from its all-time high, gold has risen nearly 22% this year, making it the second-best performing asset after cryptocurrencies. Goldman Sachs views gold as a preferred safeguard against geopolitical and financial risks, supported by central bank purchases in emerging markets. The firm has set a target price of $2,700 per ounce for 2025, recommending a “long gold” position as the metal’s upward trajectory continues. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold bar scammers bilk nearly $1M from Maryland woman, police say READ MORE Zimbabwe Keeps Interest Rate at 20%, Predicts Inflation Below 5% by Year-End READ MORE Gold Nears Two-Month High Amid Anticipation of US Rate Cut READ MORE U.S. Private Sector Hiring Exceeds Expectations, Adding 192,000 Jobs in April READ MORE Inflation Data Fuels Gold Rally Amid September Rate Cut Hopes READ MORE Add a Comment Cancel replyYour email address will not be published.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