Goldman Sachs says gold prices may keep surging as Trump's trade war heats up

Gold has been on an upward trajectory for some time, thanks to President Trump’s latest round of tariffs. Goldman Sachs (GS) said the rally is set to continue, raising its year-end price target to $3,100 per ounce from $2,890. The metal hovered just below $2,900 in New York spot trading on Tuesday. Read more...

Feb 18, 2025 - 17:05
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Goldman Sachs says gold prices may keep surging as Trump's trade war heats up

Gold has been on an upward trajectory for some time, thanks to President Trump’s latest round of tariffs. Goldman Sachs (GS) said the rally is set to continue, raising its year-end price target to $3,100 per ounce from $2,890. The metal hovered just below $2,900 in New York spot trading on Tuesday.

Read more...