Gold Could Surpass $3,000 Amid Market Volatility, Strong Demand, Says Goldman Sachs
May 16, 2024 at 10:02 AM EDT
Gold surpassed $2,400 an ounce, with Goldman Sachs forecasting potential to exceed $3,000 by year-end. Fed policies and geopolitical tensions continue to bolster gold's status as a safe-haven asset.
