Gold keeps hitting new highs. Here's why it could go higher
Yahoo Finance·2025-09-15 20:06
Gold prices are surging right now, with the spot gold price per ounce at $$3,656 as of September 15. Gold prices are up 41.8% for the year and up $$1,600 since 2023.
What’s more, Goldman Sachs says gold prices could rise to $$5,000 if investors back off traditional safe-haven investments like U.S. Treasury bonds if the economy tilts toward recession. In this scenario, investors trust hard assets like gold over the U.S. dollar.
```` “The price target for gold for 2025 (end) is around $$3750 if the in ...