Deutsche had beforehand penciled in gold to see common costs of $2,725 in 2025 and $2,900 for 2026. However amid the newest developments since final week, they’re elevating the forecasts to $3,139 in 2025 and $3,700 in 2026 respectively. The agency says that: “We conclude that the bull case for gold stays sturdy regardless of this week’s correction and additional improve our year-end (fourth quarter 2025) forecast to $3,350 per ounce.”
by way of Reuters