Top Reasons Why Gold Could Rally To $2,500 This Year menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Gold prices are still pushing aggressively higher. Last checked, the metal was up another $26.10 to $2,337.80 and could race even higher to $2,500. For one, central bank buying isn’t showing any signs of cooling off, with China buying even more .
Gold prices just hit a record high of $2,197 and could push even higher, says Goldman Sachs. In fact, the firm just noted that the Federal Reserve’s meeting “reinforced the market’s (and ours) expectations that three cuts are likely .