Precious metals expert Alasdair Macleod warns of a potential "bare squeeze" in the gold market, driven by dwindling physical supply and pressure on short sellers.
Goldman Sachs raised its 2025 gold forecast to $3,100/oz, up from $2,890, citing expectations of sustained central bank demand and market dynamics.
Gold Revaluation Moves from Fringe to Mainstream
Globally, central banks’ annual acquisition of physical gold has risen above 1,000 metric tons for three straight years. Analysts are citing reasons that they don’t see this changing anytime soon.
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The new method captures 99.9% of gold from electronic waste.
McDonald discussed the current state of the global economy and the potential for a financial crisis.
Market analyst Michael Oliver predicts a precious metals boom, led by silver and gold miners, as the stock market falters.
Aligned wooden posts suggest site was used for seasonal rituals linked to sowing and harvests.
Gold has surged 4.8% in a week, nearing $2,870 amid trade wars, record central bank buying, and soaring demand. Will it hit $3,000 this month? Momentum is strong - investors are watching closely.