Will gold continue to shine in 2025? Wall Street is bullish at around $2,900 per ounce

Wallstreetcn
2025.01.06 11:31
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Wall Street investment banks have differing predictions for the price of gold in 2025, ranging from HSBC's $2,575 per ounce to Goldman Sachs' $3,000 per ounce. Goldman Sachs believes that central bank demand and Federal Reserve interest rate cuts will drive gold prices up, while Morgan Stanley argues that the upside is limited due to pressure from physical demand. Other investment banks' forecasts are mostly centered around $2,900 per ounce

Wall Street investment banks have differing predictions for the price of gold in 2025, ranging from HSBC's $2,575 per ounce to Goldman Sachs' $3,000 per ounce. Goldman Sachs believes that central bank demand and interest rate cuts by the Federal Reserve will drive gold prices up, while Morgan Stanley argues that the upside is limited due to pressure from physical demand. Other investment banks' forecasts are mostly centered around $2,900 per ounce.

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