Morgan Stanley, Citi, and Goldman Sachs have all raised their gold price forecasts, with expectations of prices reaching $3,300 to $3,500 per ounce in the near term, driven by strong physical demand and macroeconomic factors. Goldman Sachs even suggests a potential rise above $4,200 per ounce by late 2025 under severe market stress. As gold prices hover around $3,121.44, analysts emphasize the importance of sustaining physical demand and the impact of interest rate trends on future growth.
gold prices expected to rise as analysts warn of stock market decline
Bank of America, Citi, and Goldman Sachs are optimistic about gold's potential, predicting prices could reach between $3,200 and $3,500 due to factors like China's investment policy and US economic concerns. In contrast, JPMorgan and UBS express bearish views on the S&P 500, forecasting significant pullbacks amid signs of consumer fatigue and economic downturn risks.
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