According to the latest report by investment banking giant Goldman Sachs, Gold prices are forecasted to rise by another 8% this year. This is in line with the increasing demand and uncertainties in the global economy. The value of gold as a safe asset is being increasingly recognized, contributing to its price increase. The tendency of investors to turn towards tangible assets during periods of uncertainty and turbulence in the economy is driving the forecasted rise in gold prices. Goldman Sachs has continually reaffirmed its long-standing bullish stance on gold prices. Read More
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