Goldman Sachs: Gold aims for $3,000 next year

Goldman Sachs said we have formalised our gold pricing framework and detailed the drivers of our bullish forecast, which expects the price of gold to rise by about 10% by December 2025 to $3,000 an ounce. Our model does a good job of explaining monthly price movements by aggregating physical gold demand from financial and monetary authorities, investors and speculators.