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Forex news -forex broker review => Forex => Topic started by: forex4you on Nov 19, 2024, 05:57 am

Title: Goldman Sachs forecasts Gold higher amid Trump tariffs risks
Post by: forex4you on Nov 19, 2024, 05:57 am
Goldman Sachs forecasts Gold higher amid Trump tariffs risks

Goldman Sachs sees gold as a strong hedge against potential risks from Trump-era tariffs, predicting prices will rise further in 2025.

I posted on their forecast yesterday:

Adding a little more now:

  • GS highlights gold's role as a safe haven during heightened Trump trade tensions and tariff increases
  • current policy uncertainty and recent market consolidation create a favorable opportunity for investing in gold
  • structural demand from central banks and cyclical factors, like expected Federal Reserve rate cuts, as key drivers


                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Goldman Sachs forecasts Gold higher amid Trump tariffs risks (https://www.forexlive.com/news/goldman-sachs-forecasts-gold-higher-amid-trump-tariffs-risks-20241118/)

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