ilmscore | Central Banks Know Something You Don’t—Buy Gold NOW?

Central Banks Know Something You Don’t—Buy Gold NOW?

Published: 2025-05-15
Status: Available | Analyzed

Predictions from this Video

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Topic
Status
Goldman Sachs and JP Morgan revised their 2025 gold price targets upwards to $3,675 and $3,900 per ounce respectively.
"Goldman Sachs and JP Morgan announcing that they were significantly up in their gold price targets for 2025 to $3,675 and up to $3,900 an ounce respectively"
GC=F
Pending
Goldman Sachs and UBS initially predicted gold to reach $3,100 by the end of 2025, then raised it to $3,200 weeks later.
"back in January both Goldman Sachs and UBS were calling for gold to top out at $3,100 by the end of 2025 they increased these targets to $3,200 just weeks later"
GC=F
Pending
Bank of America analyst Michael Whitmer had a price target of $3,500 for gold.
"in early March we found Bank of America analyst Michael Whitmer's ambitious target of $3,500 to be more persuasive"
GC=F
Pending
Global investment demand for gold increased by 170% to 552 tons in Q1 2025.
"global investment demand for gold was up 170% reaching 552 tons"
GC=F
Pending
The speaker suggests Bitcoin is a better investment than gold, implying central banks should consider this.
"you don't need to dig out of the ground only to put back into a subterranean vault at a great cost and if you happen to be watching this video from a central bank and want to learn why Bitcoin is a better investment than gold you can check out our latest video on that right over here"
BTC
Pending
Goldman Sachs predicts gold could reach $4,500 per ounce in an 'extreme tale' scenario, driven by China's potential increased gold allocation.
"Goldman now says is a demand driver that could push gold up to $4,500 an ounce in what they call a quote extreme tale scenario"
China Gold Holdings
Pending
Goldman Sachs estimates that if China targets a 20% gold allocation and maintains a pace of 40 tons per month, it would take approximately 3 years to achieve.
"If the largest official buyer China were targeting an allocation of 20% and maintained an average pace of 40 tons per month in line with recent patterns we estimate it would take approximately 3 years to reach a 20% gold share"
China Gold Purchases Pace
Pending
The percentage of central banks expecting to increase gold reserves grew from 52% in 2021 to 81% in 2024, with no respondents expecting a decrease.
"the proportion who say gold reserves are set to increase has grown every year since 2021 when it was 52% right through 2024 when it was 81% as of last year there were zero respondents who said they expect gold reserves to decrease or answered don't know"
Central Bank Gold Reserves
Pending