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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.

Google Bets On AI Agents To Move Beyond Chatbots

Google is expanding Gemini beyond conversational AI with a unified agent designed to complete tasks on users’ behalf. Announced at a Google Cloud event, the system can plan work, use specialised tools and connect to business software, reflecting a broader shift from answering prompts to executing complex tasks.

AI companies are increasingly developing agents that can write code, schedule meetings, manage projects and interact directly with enterprise systems.

Enterprise Customers Lead Google’s AI Push

Google is prioritising business users, relying on its existing corporate reach to scale agentic AI. CEO Sundar Pichai said Gemini has more than 1 billion monthly active users, while nearly 90% of Fortune 100 companies use Gemini Enterprise.

Google Cloud CEO Thomas Kurian said the new agent can work towards “objectives, not just instructions,” allowing users to delegate tasks without guiding every step. It can select the most suitable model automatically, while users can choose alternatives such as Anthropic’s Claude. Google plans to add more open-source and private models.

Connected To Business Tools And Data

The agent works with files, folders and projects while connecting to platforms including Google Workspace, Microsoft 365, Slack, Jira, Confluence, Git, BigQuery, Databricks, Postgres and Snowflake. It can also connect to Model Context Protocol servers inside or outside a company’s network.

A dedicated tasks inbox lets users track progress, including specialised skills, delegation to subagents and code execution, providing greater visibility into how work is completed.

A Digital Colleague With Its Own Identity

Gemini will have its own Google Workspace account and email address, allowing it to function more like a digital team member. The agent will take organisational structures, time zones, approval processes and calendars into account.

Employees can interact with it by tagging it, emailing it, sharing documents or adding it to group chats. Its actions will be recorded under its own identity, creating an audit trail separate from individual employees’ activity.

Availability And Early Adopters

Google said the agent will be available on iOS and Android, Windows and Mac desktops, the command line, Google Workspace, Microsoft 365, ServiceNow and Slack.

Early testers include On, Shopify and PayPal. Other named Gemini Enterprise customers include BNP Paribas, Bradesco, Merck, Orange Spain, Santee Cooper, SOMPO, Ulta Beauty and Wesfarmers.

Managing Enterprise AI Costs

To help businesses control spending, Google is introducing multi-model orchestration, smart routing and real-time spending limits.

The strategy reflects a broader shift in enterprise AI: systems are increasingly expected not just to generate answers, but to execute tasks across existing software while remaining subject to company oversight.

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