Gold prices can reach $ 4500 in an extreme risk case, says Goldman Sachs; Increase 2025-end Gold Price Target | Einsmark news

Gold prices could reach to $ 4,500 per gram by the end of 2025, foreign investment bank Goldman Sachs said, referring to the rising trade war in the US China and the fear of the recession. However, Goldman Sachs increased the Gold Price target to $ 3.700 per gram by the end of 2025, the third such increase this year, the reports say. Earlier in March, the investment bank rose its 2025 gold price target to $ 3,300 per ounce. Increased concerns about the US economy, fueled by an escalation in the US China Trading War, increased the appeal of gold as a recession hedge, according to an investment bank, the reports say. Gold prices crossed the $ 3.200-per-ounce mark for the first time last week and reached a record high of $ 3,245,69 an ounce, as rising geopolitical and economic uncertainty achieved the world markets. The demand for the yellow metal remained strong on both physical purchases and exchange traded funds (ETFs). Goldman Sachs said he is positioning himself to hedge against the growing risk of a US recession by gold, with a greater investor interest in both physical Bullion and ETFs over the past few weeks. The surge in demand and prices comes amid the increasing US -China trading tensions. The US has increased rates on Chinese imports to a cumulative 145%, which asked for the retaliation tariffs of Beijing of up to 125% on US goods. In addition, US President Donald Trump has announced plans to set up steep “reciprocal” rates on the most important US trading partners. While implementation was delayed by 90 days, a universal rate of 10% has already been enforced. The administration also indicated that the targeted rates are rising on electronics and pharmaceutical products. Several major global central banks, especially in Asia, have increased their golden purchases in recent months. This trend reflects growing concerns about a possible US recession, especially amid increased economic uncertainty under the Trump administration. Gold price Today, Gold prices dropped on Monday when US President Donald Trump alleviated trade tensions by granting tariff releases on smartphones, computers and other electronics imported mainly from China. Spot gold was fell 0.4% at $ 3,223.67 per ounce. Bullion hit a record high of $ 3,245.28 in the previous session, Reuters reports. US gold futures have reduced 0.1% to $ 3,240.90. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions. First published: 14 Apr 2025, 09:22 AM IST