
Gold prices could reach $4,500 in an extreme risk case, says Goldman Sachs; raises 2025-end gold price target
Gold prices could reach as high as $4,500 per ounce in an extreme risk case by the end of 2025, foreign investment bank Goldman Sachs said, citing escalating US-China trade war and fears of recession. However, Goldman Sachs raised gold price target to $3,700 an ounce by end-2025, its third such hike this year, reports…