Goldman Sachs raises price forecast
Goldman Sachs analysts expect gold to climb to $ 1,425 / ounce over the next 12 months.
The US investment bank Goldman Sachs expects a significant increase in the gold price within the next twelve months.
So far, a price target of US $ 1,350 / ounce had been mentioned for this period. Now the analysts of the financial house have raised their forecast to $ 1,425. Based on current quotations of 1,290 US dollars, this would correspond to a price increase of 10 percent.
