What To Expect From Gold in Early 2025 [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
And when demand is high, its price is high, too. Its value can also be influenced by the market, the global economy and world events. So what does the near future have in store for gold? We can get some clues if we take a look at how gold performed in 2024. Other markets, like stocks, went through ups and downs, but gold prices, by and large, were steady this year. This was good news for investors who wanted a safe place to put their money. “2024 was a year which saw record highs for gold and continued stability,” explained Rick Kanda, managing director at The Gold Bullion Company . “Conflicts in Ukraine and the Middle East drew investors toward gold as a safe haven asset and Central Bank purchases around the world have also supported prices.” Strong demand meant gold prices stayed high. Central banks bought large amounts of gold, and individual investors also turned to it to protect their money Check Out: 3 Undervalued Stocks To Buy Before 2025, According To Experts Read Ne
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News
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Earnings
- 10/16/24 - Beat
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Sec Filings
- 1/2/25 - Form 424B2
- 1/2/25 - Form 424B2
- 1/2/25 - Form 424B2
- GS's page on the SEC website