January 06, 2025 at 10:51PM
Goldman Sachs headline is here from Monday:
Goldman Sachs trim its gold forecasts, gold not to reach US$3000 in 2025
Adding in a little more now:
GS cite a slower expected pace of central bank monetary easing policy in 2025
This will trim back demand for gold a little, GS noting the impact will hit ETF gold funds
GS project prices will hit $2,910 an ounce by year-end 2025
GS nod also to a lower starting point for pricing into the new year
Central bank buying this year will continue to support
This article was written by Eamonn Sheridan at www.forexlive.com.
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