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.

Joe Gebbia Leads Redesign Of 27,000 U.S. Government Websites

Strategic Expansion Of U.S. National Design Studio

Joe Gebbia is leading a project to redesign U.S. government digital services through the U.S. National Design Studio. At an event hosted by The Wall Street Journal, Gebbia said designer Peter Arnell has joined as the first chief brand architect for the initiative.

A Visionary Leader For Digital Transformation

Arnell brings experience from projects with companies including Donna Karan New York, Samsung, Unilever, Pepsi, Reebok and The Home Depot. His role focuses on aligning design and usability across government platforms to improve consistency and user experience.

Simplifying Complexity Through Innovation

The initiative targets the redesign of approximately 27,000 government websites using design approaches applied in consumer technology products such as Airbnb. Early projects include digitising administrative processes. One redesign reduced a paper-based retirement application process from months to minutes, while another reduced a workflow from 87 clicks to 12.

Enhancing User Experience And Restoring Trust

The initiative targets long-standing issues in government websites, including fragmented navigation, session timeouts and loss of user data during interactions. Joe Gebbia said many existing platforms rely on design patterns that make services difficult to navigate. He noted that users should be able to complete tasks without confusion or repeated steps.

“This is over,” he said, referring to outdated user experiences, adding that digital services should allow citizens to interact with government systems more easily. Work led by Peter Arnell focuses on improving usability and consistency across platforms, with the aim of simplifying processes and reducing friction in online interactions.

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