Goldman Sachs does not expect silver to catch up with the gold rally amid higher central bank gold demand which has structurally lifted the gold-silver price ratio
- If recession occurs, GS estimates that acceleration in ETF inflows would lift gold price to USD 3,880 by year-end.
- With Chinese solar production now slowing amid oversupply, high recession risk, central bank gold buying remaining strong in 2025, GS expects gold to continue "outglittering" silver.
- "We reiterate our structural bullish gold view with a base case of USD 3,700/toz by year-end and of USD 4,000 by mid-2026."
05 May 2025 - 10:14- Metals- Source: Newswires
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