Contact
QR code for the current URL

Story Box-ID: 1224447

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Analysts expect gold price to rise

And there are quite a few who are positive about a higher gold price.

(PresseBox) (Herisau, )
Goldman Sachs, for example, expects a price of 3,000 US dollars per troy ounce by the end of 2025. The reasons cited are the further fall in interest rates, which make gold more attractive. Added to this are the expected enormous gold purchases by central banks. The emerging market central banks in particular, i.e. the central banks of the emerging markets, are significantly increasing their gold reserves. These include China, Russia and Turkey, among others.

Industrialized countries such as Germany often still hold historically large gold reserves. Germany has around four times as much gold as China. And the emerging markets are certainly keen to catch up. The investment company WisdomTree is also convinced that the gold price still has room to rise. Geopolitical disputes, a weakening US dollar and strong sentiment in the investment community are price drivers. Their experts are therefore forecasting a price of USD 3,030 per ounce of gold by the third quarter of 2025.

However, 3,360 US dollars per ounce is also possible. Citibank and Bank of America have made similar predictions. Then there is another argument in favor of rising demand for gold and thus higher prices for the precious metal: with further cuts in key interest rates, yields on the bond market will fall, making gold even more attractive. As the year draws to a close, gold has reached one record high after another, sometimes three times in one week. Currently, however, gold has become cheaper and ten-year US government bonds have risen. Interest rates have fallen in the eurozone. Anyone who also believes that gold will resume its triumphal march can familiarize themselves with the stocks of solid gold companies.

Vizsla Silver's - https://www.commodity-tv.com/ondemand/companies/profil/vizsla-silver-corp/ - goal is to become a leading global silver company. The Panuco project (silver and gold) in Mexico will ensure this.

Osisko Development - https://www.commodity-tv.com/ondemand/companies/profil/osisko-development-corp/ - wants to become a medium-sized gold producer. The Cariboo gold project in Canada, the San Antonio gold project in Mexico and the Tintic project in the USA are particularly promising.

Current company information and press releases from Osisko Development (- https://www.resource-capital.ch/en/companies/osisko-development-corp/ -) and Vizsla Silver (- https://www.resource-capital.ch/en/companies/vizsla-silver-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Website Promotion

Website Promotion
The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2024, All rights reserved

The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.