Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025

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Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025 - Business Standard

Quick Summary:

Introducing our 2026 balance, we forecast Brent to edge down to $71/bbl on a moderate surplus,” Struyven said.

Those at UBS, too, expect the gold prices to continue their journey north and hit $2,900 per ounce by December 2025 (earlier: $2885/oz) in their base case.

Brent crude oil prices, Goldman Sachs forecasts, are likely to remain in a range of $70-85 range in the year ahead amid tepid demand and excess supply capacity across the globe.