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 Yuan Hits Weakest Level Since November as China Loosens Currency Control READ MORE China Resumes Gold Buying READ MORE How One Man’s Wealth Upended Markets from Africa to Asia READ MORE Crude Futures Decline as Israel Holds Back from Retaliating Against Iran READ MORE Consumer Confidence Dips: Retail Sales See Unexpected Decline in January READ MORE Add a Comment Cancel replyYour email address will not be published.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