Go for gold says Goldman Sachs; prices still on track to hit $3,000 by year-end 2025
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Goldman Sachs maintains a bullish outlook on gold, predicting prices could reach $3,000 by the end of 2025. This positive forecast could impact gold-related investments, including ETFs like AAAU.
November 19, 2024 | 7:00 pm
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Goldman Sachs' bullish forecast on gold prices reaching $3,000 by 2025 could positively impact AAAU, a gold-backed ETF.
Goldman Sachs' prediction of gold prices reaching $3,000 by 2025 suggests a positive outlook for gold investments. AAAU, being a gold-backed ETF, is likely to benefit from rising gold prices, making it an attractive option for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80