Goldman Sachs Forecasts Gold Surge to $4,250 as Recession Shield

25.04.11

Goldman Sachs’ co-head of global commodities research, Daan Struyven, recommends gold as an attractive hedge against recession risks. Despite recent volatility, Struyven maintains a bullish outlook on gold, forecasting prices could reach $4,250 per ounce during a recession. He suggests that gold can help mitigate against potential recession drivers, including…

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