Gold just a sigh away from fresh all-time high on Thursday
Portfolio Pulse from
Gold prices climbed to $3,040, approaching an all-time high, driven by President Trump's new tariff proclamations and escalating trade tensions. Goldman Sachs raised its year-end gold price forecast to $3,300, citing strong central bank demand and ETF inflows. The precious metal is benefiting from its safe-haven status amid geopolitical uncertainty.
March 27, 2025 | 10:30 am
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Gold price approaching all-time high of $3,057, supported by trade war uncertainties and Goldman Sachs' bullish forecast. Technical analysis suggests strong support at $3,000 level.
Geopolitical tensions, potential trade war escalation, and strong central bank demand are driving gold prices higher. Goldman Sachs' optimistic forecast further supports bullish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100