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Breaking Down Goldman's Target Raise to $3,100

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Housekeeping: Good Morning.

“The Gold reset is a process, not an event”

Today

* Discussion: Gold's New ATH On Goldman Target Raise to $3,100

* Premium: Breaking down the Goldman report

Discussion:

Gold's New ATH On Goldman Target Raise to $3,100

Goldman Sachs raised its gold price forecast for the end of 2025 to $3,100 per ounce, up from its previous estimate of $2,890.

Structural Demand from Central Banks

Goldman estimates that a "structural rise in central bank demand could add 9% to gold prices by the end…

The skinny

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