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 ConocoPhillips and Marathon Oil Merge in $22.5 Billion Deal, Extending Industry Consolidation READ MORE Which Commodities Are Doing the Best in 2023? READ MORE Financial Insecurity Looms for Gen X as Retirement Approaches READ MORE U.S. Debt Crisis: Gen Z to Face Financial Challenges, Says Ex-White House Economist READ MORE Nvidia Faces $900 Billion Loss Amid AI Investment Uncertainty READ MORE Add a Comment Cancel replyYour email address will not be published.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