{"id":121616,"title":"Wall Street Forecasts Soaring Gold Prices Amid Economic Uncertainty","publisher":"Share Talk","author":"sharetalk","published":"2025-04-14T14:51:58+00:00","modified":"2025-04-14T14:51:58+00:00","canonical_url":"https://www.share-talk.com/wall-street-forecasts-soaring-gold-prices-amid-economic-uncertainty/","markdown_url":"https://www.share-talk.com/wall-street-forecasts-soaring-gold-prices-amid-economic-uncertainty.md","json_url":"https://www.share-talk.com/wall-street-forecasts-soaring-gold-prices-amid-economic-uncertainty.json","category":"B2B","categories":["B2B","Blogs","Technology","Technology, Media & Telecoms"],"tags":["Budget","bullion","canada","Chancellor","china","EU","geopolitical","global","Gold","investors","LBMA","Macquarie Group","Senate Democrats","tariff policies","tensions","World Gold Council"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/03/GOLD-14TH-MARCH-1.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"Wall Street expects gold prices to surge, with forecasts suggesting the precious metal could reach $4,000 an ounce next year, as investors seek shelter from the fallout of Donald Trump’s trade war.\n\nAnalysts at Goldman Sachs project that gold will climb to $3,700 by the end of this year, continuing its upward momentum into mid-2026. The bank estimates a 45% probability that the U.S. will enter a recession, which would further boost demand for the safe-haven asset.\n\nUBS also weighed in, predicting gold will hit $3,500 an ounce by December.\n\nGold, widely regarded as a refuge during times of economic instability, reached a new record overnight, surpassing $3,245 an ounce after rising 6.6% last week.\n\n“Recent flows have surprised to the upside, likely reflecting renewed investor demand in hedging against recession risk and declines in risk asset prices,” said Goldman Sachs analyst Lina Thomas."}