Goldman Sachs: The performance of gold will continue to outperform silver.
On Monday, Goldman Sachs stated in a report that gold will continue to outperform silver, with strong central bank demand being one factor driving the gold-silver price ratio higher. Therefore, the bank predicts that silver will not catch up with the ongoing rise in gold prices. Goldman Sachs also noted that if an economic recession occurs, the accelerated inflow of ETF funds will push gold prices to $3,880 by the end of the year. The bank reiterated its bullish outlook on gold, with a base expectation of $3,700 per ounce by the end of the year, reaching $4,000 by the mid-2026.
Latest