According to a forecast by Goldman Sachs, continuous attacks by Donald Trump on the US Federal Reserve can increase gold prices by about $ 5,000 an ounce.
Precious metal is already trading near the record high, spot prices $ 3,545.39 an ounce, more than 35 percent this year, piles to protect against inflation as investors and banks.
Goldman warned that increasing apprehensions about political intervention in Fed's decision making may accelerate change, get investors out of the assets of the dollar-sect and in the safe haveon in the form of gold.
Dan Struven, the co-head of the global commodities research at the Goldman Sachs, said, “If 1 percent of the private-owned American Treasury Market is gold, Dan Struven, the co-head of Global Commodities Research in Goldman Sachs, said,” The price of gold will increase by about $ 5,000 per tribe. ,
Trump has repeatedly criticized the Federal Reserve, demanded a deep rate cut and questioned its freedom. Analysts say the Central Bank's ability to manage the inflation can increase the rush in the rigorous property.
One of the best performing assets of 2025 already with gold, the forecast of Goldman underlines how sensitive our political risk is, and how quickly emotion can inspire bullion towards unprecedented high levels.
Amy Ingam
Amy is a newly eligible journalist who specializes in business journalism with expertise in professional journalism, now with the responsibility of news material for the biggest print of the UK and the online source of current business news.