Goldman Sachs raises gold price forecast
Published: 19 Feb. 2025, 17:43
![An employee holds a completed gold bar at a Korea Gold Standard factory in Jongno District, central Seoul, on Feb. 19. [YONHAP]](https://koreajoongangdaily.joins.com/data/photo/2025/02/19/62e02ac4-fa58-4cb3-b10c-bc6585963a3a.jpg)
An employee holds a completed gold bar at a Korea Gold Standard factory in Jongno District, central Seoul, on Feb. 19. [YONHAP]
An employee holds a completed gold bar at a Korea Gold Standard factory in Jongno District, central Seoul, on Feb. 19.
Goldman Sachs raised its 2025 year-end gold price forecast to $3,100 per ounce, Bloomberg News reported on Feb. 18, due to high central bank demand and inflows into exchange-traded funds.
with the Korea JoongAng Daily
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