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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.

Spotify Adds Physical Book Sales In U.S. And U.K.

Strategic Diversification In The Digital Era

Spotify introduced physical book purchases within its platform in the United States and the United Kingdom. Users can now buy printed books directly from audiobook pages. The rollout follows an announcement made in February.

Forging Partnerships That Empower Independent Retail

Partnership with Bookshop.org enables the feature, supporting independent bookstores through an online marketplace. A “Get A Copy For Your Bookshelf” button redirects users to Bookshop.org for purchase, pricing, and delivery. This model expands distribution channels for independent retailers.

Enhanced Features Driving User Engagement

Expanded audiobook features include the “Page Match” tool, now available in more than 30 languages, such as French, German, and Swedish. Users can scan a page and jump directly to the corresponding audiobook section. Spotify reported a 55% increase in streaming hours among users engaging with this feature.

Innovative Tools And Global Rollouts

“Audiobook Recaps” is now available on Android, offering short summaries to help users resume listening. Audiobook Charts launched in Germany, mirroring existing music and podcast rankings. These additions support content discovery and retention.

A Bet On Profitability And Market Expansion

Expansion beyond streaming continues as Spotify adjusts pricing in the United States and Europe. Monthly active users reached 751 million. Physical book sales introduce an additional monetization channel alongside digital content.

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