Breaking news

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

University Of Cyprus And DegradationLab Launch Solar Research Project

The DegradationLab Strategy Unit in Infrastructure and the University of Cyprus Photovoltaic Technology Laboratory have launched a research project focused on validating a performance monitoring system for next-generation photovoltaic devices.

Named MPPT-Solution, and formally titled “Proof of Concept of Open-Source, Low Cost, And Adaptable MPP Tracking System For Perovskite PV Devices”, the project aims to improve Maximum Power Point Tracking (MPPT) for emerging photovoltaic technologies, including perovskite-based solar cells.

Addressing Hysteresis In Photovoltaic Performance

One of the project’s objectives is to address measurement hysteresis, a challenge associated with several emerging photovoltaic technologies. Researchers are developing an electronic monitoring system designed to track maximum power output more accurately and support performance assessment under varying operating conditions.

Rigorous Testing And Strategic Validation

Launched on March 1, 2026, the project is scheduled to run for nine months. Testing will be conducted under controlled laboratory conditions at the University of Cyprus before moving to field trials involving large-scale perovskite photovoltaic panels. During the outdoor testing phase, international industry partners will collaborate with researchers to evaluate system performance under real-world operating conditions.

Pathway To Commercial Viability

Alongside its research objectives, MPPT-Solution is exploring the development of an open-source, low-cost and adaptable MPPT system for future commercial applications. Project participants expect the technology to contribute to improving the efficiency and monitoring capabilities of next-generation photovoltaic installations.

Strategic Funding And Innovation

Funding is provided by the Cyprus Research and Innovation Foundation through its Proof of Concept programme, which forms part of the broader Smart Development initiative. Support from the programme will enable the development and validation of renewable energy technologies while strengthening research activity in Cyprus.

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