bullish
Goldman Thinks Commodities Will Outperform in 2025 // Bonds Into Year-End?
SUMMARY
- Goldman Thinks Commodities Will Outperform in 2025 Gold will rally to a record next year on central-bank buying and US interest rate cuts, according to Goldman Sachs - putting out a price target of $3.000 USD till end of 2025.
- The bank sees a sideways market in crude as its base case.
- The bank sees a sideways market in crude as its base case. “In our baseline forecast, we continue to see oil prices as range-bound, with Brent likely to stay in a $70-$85/bbl range. I
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