Goldman Sachs analyst Samantha Dart predicts that gold prices will reach $3,000 an ounce by 2025. She attributes the recent drop in prices to policy uncertainty and sees it as an attractive entry point for investors. Dart also notes that central bank buying and ETF inflows are supporting gold prices. She suggests that central banks are diversifying their reserves rather than attempting to bring down the US dollar. Dart believes that ETFs and safe-haven buying are additional factors contributing to the strong performance of gold.
image sourced from original article at https://www.jpost.com/business-and-innovation/precious-metals/article-830315Original article source: https://www.jpost.com/business-and-innovation/precious-metals/article-830315
Source Id: 8424361563
