PANews reported on March 27 that Goldman Sachs raised its gold price forecast for the end of 2025 from $3,100/ounce to $3,300/ounce, and adjusted the forecast range to $3,250-3,520/ounce. Medium-term gold price risks are still biased to the upside, and under the tail risk scenario, gold prices may exceed $4,200 per ounce by the end of 2025. Buyers from large Asian central banks may continue to purchase gold rapidly over the next 3 to 6 years to reach the estimated potential gold reserve target range.