Goldman: "Central Bank Demand Has Reset Gold's [Price] Levels"

GoldFix · Oct 31, 2024 · 11m

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Housekeeping: Good Morning.

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

Today:

* Discussion: Goldman Raises its 2024 Target again

* Premium: Goldman Raises Early 2025 Target on 500% Increase in Physical Demand

* BONUS: WHY SILVER IS WEAK

Discussion: Goldman Raises its 2024 Target again

As the gold price keeps breaking records, we formalize our gold pricing framework, and flesh out the drivers of our bullish forecast that gold will rise about 10% to $3,000 by December 2025.

* Financial & monetary authorities…