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Gold Price Forecast Soars to $3,700 Amid Uncertainty

4/13/2025

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Summary

Story summary

Goldman Sachs increased its 2025 gold price target to $3,700 per ounce due to global economic uncertainty.
This is the third adjustment this year, following upgrades to $3,100 and $3,300.
Central banks and gold-backed ETFs are driving strong demand.
UBS raised its forecast to $3,500, highlighting gold's attractiveness amid geopolitical risks.

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Story summary

Goldman Sachs increased its 2025 gold price target to $3,700 per ounce due to global economic uncertainty.
This is the third adjustment this year, following upgrades to $3,100 and $3,300.
Central banks and gold-backed ETFs are driving strong demand.
UBS raised its forecast to $3,500, highlighting gold's attractiveness amid geopolitical risks.