Gold prices rise on US President’s tax plans
Gold prices rose 1.24% to $86,113 on concerns over the US President’s tax plans. A 9% price increase is expected by the end of the year on strong central bank demand, which is why Goldman Sachs (NYSE:GS) raised its 2025 gold price forecast to $3,100 per ounce from $2,890 per ounce. Following a report on…