Goldman Sachs Predicts Gold Prices To Surge To $3,700 By Late 2025

by News Editor

April 15, 2025

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.

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Cyprus Beer Deliveries Fall 2.3% In First Nine Months Of 2026

by THEFUTURE.TEAM

October 12, 2026

Beer deliveries in Cyprus fell by 1.2% year on year in September, as growth in domestic demand failed to offset a sharp decline in exports, according to the Cyprus Statistical Service (Cystat).

Domestic Market Remains Resilient

Total beer deliveries reached 4.32 million litres in September, down from 4.37 million litres a year earlier. Domestic deliveries increased by 2.4% to 4.29 million litres, compared with 4.19 million litres in September 2025, highlighting the importance of local consumption to the sector.

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Exports Drop Sharply

Exports fell by 84.4% year on year to 28,577 litres, from 183,503 litres in September 2025. The decline highlights the volatility of Cyprus’s beer exports, where relatively small volumes can lead to substantial percentage changes.

Deliveries Decline Month On Month

Compared with August 2026, total beer deliveries decreased by 2.2%, from 4.42 million litres. Domestic deliveries rose by 1.5% month on month to 4.29 million litres, up from 4.22 million litres, while exports dropped by 85.1% to 28,577 litres, compared with 192,313 litres in August.

Year-To-Date Deliveries Remain Below 2025 Levels

Between January and September 2026, total beer deliveries amounted to 33.60 million litres. Of this volume, 32.37 million litres went to the domestic market, while 1.23 million litres were exported.

Overall deliveries were approximately 2.3% lower than in the same period of 2025. Domestic deliveries remained broadly stable, declining by around 0.6% year on year, according to Cystat’s monthly percentage changes.

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