The investment bank pointed to a host of reasons, even Modern Monetary Theory, as factors in its forecast.
The price of gold could jump 9% to $1,600 per ounce by the end of March, according to Goldman Sachs. Goldman analysts highlighted political uncertainty, recession fears, emerging-market growth, central banks' gold buying, greater discussion of Modern Monetary Theory, and other factors underpinning a higher gold price.
The price of gold could jump 9% to $1,600 per ounce by the end of March, according to Goldman Sachs. Goldman analysts highlighted political uncertainty, recession fears, emerging-market growth, central banks' gold buying, greater discussion of Modern Monetary Theory, and other factors underpinning a higher gold price.
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