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 Gold: A Surge Toward $2,400 Looks Imminent READ MORE Gold’s Behaviour Points to Sustained Strong Demand READ MORE Oil Prices Rise Amid Global Tensions and Economic Stimulus READ MORE Fed's Current Economic Outlook and the Latest Rate Cut Speculations READ MORE GoldSilver Infographic: History of Money and Currency in the USA READ MORE Add a Comment Cancel replyYour email address will not be published.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