⛏ Goldman Sachs Sees Gold Rising 9%

Goldman Sachs Sees Gold Rising 9%
With interest rates set to drop and emerging market central banks increasing demand, Goldman Sachs forecasts a 9% rise in gold, hitting $2,900 by early 2025. The upcoming U.S. election and geopolitical risks add to gold's appeal. Read on »

Central Banks Report Modest Demand for Gold in August
Central banks have continued to accumulate gold in August with reported net purchases of 8t. While overall demand has tapered from the early 2024 highs, accumulation of gold reserves remains positive, with activity concentrated in emerging market (EM) central banks. Read on »

Mining Needs $2.1 Trillion Investment
Despite the growth in metals supply over the last decade, BNEF’s annual Transition Metals Outlook finds that there are still not enough raw materials to meet growing demand. In order to meet the demands of a net-zero emissions world, BNEF estimates $2.1 trillion is needed in new mining investments by 2050. Read on »

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