Goldman Sachs, forecasts on gold: value at 2,500 dollars by the end of 2022

 Contrary to what many market participants have pointed out regarding gold's current financial fragility, Goldman Sachs expert analysts expect the precious metal to rise by the end of the current year.

The forecasts for gold from the American investment bank are bullish and expect to reach a value of 2,500 dollars an ounce by the end of 2022 .

The current price of gold seems today not to have absorbed the hoped-for effects to safeguard savings in a period of great instability like the current one we are going through.

Look at the graph

The reasons could be attributable above all to the high interest rates imposed by the American Federal Reserve, but among the causes the weakness of the Chinese Renminbi due to the lockdowns imposed by the Government to counter the countless infections from Covid-19 should not be underestimated.

Also not to be overlooked is the negative effect on gold caused by its exposure to the dollar, strongly linked to futures and ETFs .

The fear of an international recession scenario could instead change the current situation and increase investments in gold , a historically fruitful financial solution as gold expresses its maximum potential precisely in contexts of this type.

Goldman Sanchs' gold predictions

As previously mentioned, Goldman Sachs' gold forecast is bullish and forecast to reach $ 2,500 by the end of 2022.

Specifically, the analysts of the American investment bank evaluate some of the following increases:

• +150 dollars are justifiable with the wealth effect;
• +400 dollars for the fear effect;
• +150 dollars for the increase in demand from Central Banks.

The fear effect led to an increase in demand that reached 200 tons and pushed investors to buy gold through ETFs .

The first quarter of 2022 saw a decrease in demand from the Russian Central Bank which has just reached 85 tons of gold against 117 tons of the previous year.

Even emerging markets show a drop of -10% on gold which, combined with the fear effect, could only have delayed the upward trend of the commodity which, according to Goldman Sachs, would be recorded in the coming months.

A similar scenario could be appreciated in the two-year period 2018-2019 when there was a strong sell-off of gold due to the trade dispute between the United States and China, and then climbed up to reach all-time highs.

The same scenario could therefore recur from 4 years ago and according to Goldman Sachs the value of gold could reach $ 2,300 in the next 3 months and touch $ 2,500 an ounce by the end of the year, so buying gold could be today more than ever . a valid investment solution , net of the typical risks of the markets.

Where to buy gold today?

Consider Goldman Sachs' forecasts and the possibility that the precious metal may increase in value in the coming months, is it worth investing in gold today?

Certainly the current instability of the markets carries a clear percentage of risk, however protecting your savings on a safe haven asset like gold could prove to be a good financial solution.

You could bet on the precious metal in several ways, listed below:

• fare trading sui futures oro;
• gold ETF trading;
• buy gold bars.

Buying gold and taking advantage of the financial services offered by the best legally authorized online trading platforms means investing in the price trend of the precious metal without the need to physically own it.

Going into detail, it is a financial operation that involves a real speculation on the value of gold in order to obtain a profit margin.

You could also opt to purchase physical gold through BullionVault , a platform where you can buy gold and keep it in a special safe in Zurich.

In all cases, it is always necessary to draw up and implement a good financial strategy and to limit investment risks as much as possible in order not to compromise one's capital.

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