The price of gold has surged more than 40% since the start of January 2024, repeatedly shattering records. Goldman Sachs Research forecasts the rally in gold will continue amid demand from central banks. The price of the precious metal is predicted to climb a further 8% to $3,100 a troy ounce by the end of 2025, analyst Lina Thomas writes in the team’s report. (The team’s previous…

    European equity markets have had a strong start to the year, outperforming their peers on the other side of the Atlantic. Even after the rally, Goldman Sachs Research expects European equities to rise as much as 6% in the next 12 months. Strong fourth-quarter corporate earnings, higher defense spending, and a lack of direct tariffs targeting Europe from the US appear to have contributed to the surge…

   US stocks have been buffeted in recent weeks. Goldman Sachs Research reduced its forecast for the S&P 500 Index to reflect our economists’ estimates for slower GDP expansion, higher tariffs, and an overall uptick in uncertainty. The S&P 500 is expected to rise to 6200 by the end of the year, down from an earlier forecast of 6500. This suggests an increase of about 7% in the price of…