The American investment bank Goldman Sachs (GS) stated that it does not expect the United States to impose tariffs on gold imports, a move that eased the concerns that swept the markets after the recent record surge in prices, which came after reports of a potential imposition of special tariffs on imported gold bullion by Washington.

The bank clarified that despite the recent fluctuations, it maintained its previous forecast that the price of gold will reach $3,700 per ounce by the end of 2025, and that the precious metal will continue its upward trajectory towards $4,000 by mid-2026, driven by strong demand from central banks and investors seeking safe havens, alongside geopolitical risks and global economic uncertainty.