Goldman Sachs raise their forecast for the price of gold

Targets raised by Goldman Sachs:

• 3-month horizon to USD2,300, from $1950 previously
• 6-month horizon to USD2,500, from $2050 previously
• 12-month horizon to USD2,500, from $2150 previously

GS citing an increase in demand from consumers, investors, central banks. Due to the rising geopolitical uncertainty.