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Goldman Sachs CEO David Solomon anticipates an acceleration in capital-markets activity into 2025, driven by expected policies from the Trump administration. He noted that clients are increasingly ready to engage in the market after a period of waiting for valuations to improve.
UBS forecasts that gold prices could reach $2,900 per ounce by the end of 2025, reflecting a growing bullish sentiment on Wall Street. This prediction follows Goldman Sachs' even more optimistic outlook, suggesting gold could hit $3,000 in the same timeframe. Factors influencing these projections are being analyzed by market experts.
Goldman Sachs anticipates that Nvidia will exceed expectations, a sentiment echoed by the options market. This bullish outlook suggests strong confidence in Nvidia"s upcoming performance.
Fnality International Ltd., a blockchain firm backed by major banks like Goldman Sachs and UBS, is searching for a new CEO as Rhomaios Ram plans to retire. Ram, 60, has informed the board of his decision but will remain in his role until a successor is appointed to ensure a smooth transition.
Gold prices have surged, reaching a six-day high of $2,640 an ounce, driven by forecasts from UBS and Goldman Sachs predicting potential peaks of $2,900 and $3,000 by the end of 2024, respectively. This rise is supported by increased central bank demand and ongoing geopolitical risks, despite a recent connection to the strengthening dollar and rising real interest rates. The outlook for gold remains positive as it continues to serve as a hedge amid macroeconomic uncertainty.
UBS Group forecasts gold prices could reach $2,900 an ounce by the end of 2025, driven by central bank reserve increases and strategic investments amid macroeconomic volatility and geopolitical risks. Despite potential consolidation due to a stronger dollar and interest rate concerns, gold is expected to recover, with a further rise to $2,950 by the end of 2026. Currently trading at around $2,630 an ounce, gold has seen a 28% increase this year, supported by central bank accumulation and geopolitical tensions.
UBS Group AG forecasts that gold will reach $2,900 an ounce by the end of next year, aligning with Goldman Sachs" predictions for further gains as central banks increase their holdings. Analysts anticipate a consolidation phase due to a stronger dollar and potential US fiscal stimulus impacts before gold climbs again, potentially hitting $2,950 an ounce by the end of 2026.
UBS Group AG forecasts that gold will reach $2,900 an ounce by the end of next year, aligning with Goldman Sachs" predictions for further gains as central banks increase their holdings. Analysts anticipate a consolidation phase due to a stronger dollar and potential US fiscal stimulus impacts before gold climbs again, potentially hitting $2,950 an ounce by the end of 2026.
UBS Group AG predicts that gold will reach $2,900 an ounce by the end of next year, following a similar forecast from Goldman Sachs. Analysts anticipate a consolidation phase due to a stronger dollar and potential US fiscal stimulus impacts, before gold climbs further to $2,950 an ounce by the end of 2026.
UBS forecasts gold will reach $2,900 an ounce by the end of next year, aligning with Goldman Sachs" prediction of $3,000, driven by central bank purchases and geopolitical tensions. Despite a potential consolidation phase due to a stronger dollar, ongoing strategic allocations and high macro volatility are expected to support prices. Currently, spot gold is trading near $2,630 an ounce, having risen 28% this year.
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