The organization predicts that the price of gold will continue to rise next year.

On the 22nd, international precious metal prices collectively rose. Intraday international spot gold prices broke through $4420 per ounce, while the main gold futures contract on the New York Mercantile Exchange once rose above $4450 per ounce, both reaching historical highs. Bloomberg reported that escalating geopolitical tensions and market expectations of further interest rate cuts by the Federal Reserve are the main reasons for the sharp rise in gold prices. The Wall Street Journal previously reported that investors concerned about the outlook for the US dollar and other currencies are buying alternative assets such as gold in large quantities. A research report released by Goldman Sachs on the 18th of this month predicts that by the end of 2026, the price of gold will rise to $4900 per ounce.