GoldFix

GoldFix

Share this post

GoldFix
GoldFix
Goldman Raises Early 2025 Target on 500% Increase in Physical Demand

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

Here are "The FIS-ical Drivers of Our Bullish Gold Forecast"

VBL's avatar
VBL
Oct 31, 2024
∙ Paid
17

Share this post

GoldFix
GoldFix
Goldman Raises Early 2025 Target on 500% Increase in Physical Demand
3
Share

“While the gold price-to-rates relationship remains intact in changes, the fivefold increase in our nowcast of central bank demand in the London OTC market since Russia invaded Ukraine has reset this relationship in levels.”

Last month Goldman revealed their methodology for reassessing Gold’s price drivers going forward which was discussed in Preview: Goldman Shares a Gold Secret and Secretive Gold Buyer (sort of) revealed. Now they further refine their methodology and with it their price targets.

The FIS-ical Drivers of Our Bullish Gold Forecast

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 VBL
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share