Global banks predict gold prices will stay high in 2025, potentially reaching $3,000 due to geopolitical uncertainty, while Goldman Sachs revised its price target upwards citing sustained central bank demand.

GOLDMAN Sachs Group raised its year-end gold target to US$3,100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the metal.

Goldman Sachs Group raised its year-end gold target to $3,100 an ounce on central-bank buying and inflows into bullion-backed exchange-traded funds, highlighting Wall Street’s enthusiasm for the metal.