Goldman Sachs raises its year-end gold (GC=F) price target to $3,100 from $2,890. Yahoo Finance senior business reporter Ines Ferré outlines what's fueling the bullish call on the commodity.

(Reuters) - Goldman Sachs on Monday raised its year-end 2025 gold price forecast to $3,100 per ounce, up from $2,890, citing sustained central bank demand. The bank estimates that "structurally ...

Goldman Sachs said it estimates that "structurally higher central bank demand will add 9% to the gold price by year-end, which combined with a gradual boost to ETF holdings as the funds rate ...

Goldman Sachs Group Inc. 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 ...