In a bold forecast, Goldman Sachs has increased its gold price prediction to $3,700 per ounce by the end of 2025. This adjustment comes amid unexpected demand from central banks and a strengthening perception of recession risks, drawing investors towards gold ETFs.
Key Points
Initial forecasts pegged the price at $3,300, but central banks’ monthly gold acquisitions, averaging 80 tons — much higher than the 17-ton average before 2022 — have warranted a forecast revision.
Gold prices have already seen a significant increase of over 23% in 2025, surpassing the $3,200 mark for the first time.
Should central banks continue acquiring at an accelerated pace, or if a recession prompts a capital influx into ETFs, gold could rise to $3,880 within this year.
What To Watch
Economists estimate a 45% chance of a U.S. recession within 12 months, potentially redirecting capital to gold ETFs. Should central banks ramp up purchases to 100 tons monthly, or recession-driven demand persist, gold might reach $3,880 by year-end. Alternatively, if economies show resilience and political uncertainty lessens, gold prices could stabilize around $3,550.
UNIC placed in the 401-600 band worldwide, strengthened its position among universities in Cyprus and Greece, and recorded standout results in SDG 10, SDG 11 and SDG 17
The University of Nicosia (UNIC) has earned another important international distinction in the Times Higher Education (THE) Sustainability Impact Ratings 2026, ranking in the 401-600 band globally among 1,646 universities from 116 countries and territories evaluated across 17 individual SDG tables and one overall ranking.
This result places UNIC in the global Top 600 and reinforces the University’s standing as one of the region’s most internationally engaged higher education institutions. Based on the published results, UNIC is one of the universities from Cyprus and Greece to secure a place within this band, underlining both its regional strength and its growing international visibility.
UNIC’s strongest performances in this year’s results were recorded in SDG 10: Reduced Inequalities, SDG 11: Sustainable Cities and Communities, and SDG 17: Partnerships for the Goals, where it ranked in the 101-200 band globally. It also achieved a 301-400 result in SDG 3: Good Health and Wellbeing and SDG 16: Peace, Justice and Strong Institutions.
Particularly significant was UNIC’s strong result in SDG 17: Partnerships for the Goals, an indicator that carries special weight in the overall methodology of the THE Sustainability Impact Ratings. This performance highlights the University’s growing capacity to build meaningful academic, research, and societal partnerships that create measurable impact at both local and international level.
Commenting on the result, the Rector of the University of Nicosia, Professor Philippos Pouyioutas, said:
“This is a highly significant result for the University of Nicosia and one that we are proud to share. Our placement in the global Top 600 of the THE Sustainability Impact Ratings 2026 reflects the University’s sustained commitment to meaningful impact through education, research, outreach, and collaboration. Our particularly strong performance in Reduced Inequalities, Sustainable Cities and Communities, and Partnerships for the Goals demonstrates the values that define UNIC as a modern, outward-looking university, committed to contributing in practical ways to society and to the global sustainability agenda.”
Among the universities from Cyprus, UNIC is one of the universities included in the global Top 600, while across Cyprus and Greece it stands among the universities recognised for strong performance in this year’s sustainability-focused results. This positioning adds further weight to UNIC’s profile as a university that combines academic quality with social contribution and international engagement.
For the University of Nicosia, this latest recognition marks another important step in its continuing international development, highlighting the strength of its academic environment, the breadth of its partnerships, and the increasing impact of its contribution to sustainable progress.
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