Posted 16th abril 2025

Gold Price News: Gold Steady as Markets Assess Tariffs Impact

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Since the beginning of 2024, gold prices have surged by over 40%, setting new records. Goldman Sachs Research predicts that the rise in gold prices will continue, driven by increased demand from central banks. They forecast that by the end of 2025, gold prices will rise by an additional 8%, reaching $3,100 per troy ounce.

This is attributed to a higher-than-expected demand from central banks expanding their gold holdings following Russia's invasion of Ukraine in 2022.

Goldman Sachs analyzed that gold has become a more attractive investment due to declining interest rates and increased buying of gold ETFs.

Additionally, the net long position in gold remains at a historically high level, reflecting an increased demand for gold as a safe-haven asset, driven by ongoing tariff concerns during the Trump administration.

However, it is also noted that speculative traders may reduce their net long positions in the gold futures market, or that ongoing uncertainties??딆쐽ch as tariffs, geopolitical risks, and government borrowing??딆윲uld lead to an increase in long positions in gold. In this scenario, gold prices could potentially rise to $3,300 per troy ounce by the end of 2025

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