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Goldman Sachs Gold

The Goldman Sachs Group, Inc. was established on 1869 by Marcus Goldman in the New York City as a single room office for paper commercial dealership. Today it has spread all over the world with major operation in the US. This firm is one of the well known investment banking companies in the world with a variety of financial services and products including advisory, research and securities services. The acquiring of J. Aron & Company in 1981 extends its business in commodities trading like gold, coffee, oil, silver, etc. They also traded their common stocks on NYSE (New York Stock Exchange) with the ticker symbol GS. With the participations of commodities trading in the stock markets, Goldman Sachs analysts also keeps on forecasting about the gold prices in advance for the benefits of their clients.

Within the Goldman Sachs commodity trading, gold Exchange Traded Fund (ETF) is worth mentioning as it has liquidity feature for the clients. Recently, Goldman Sachs Group, Inc. has released their outlook for commodities trading for the forthcoming year. Likewise, news about predictions or forecasts of gold prices from Goldman Sachs can be availed from the leading newspaper, channel and other sources, such as internet, magazine, etc.

Goldman Sachs Gold Price

The study of Goldman Sachs stock chart shows its continuous rise of gold prices for the past six months. And according to the reports given by G S analysts, the gold prices are expected to increase its rates in the late 2010 or early 2011. In some of the sources disclosed by the firm stated that they suggest their clients to sell gold as the price targets are raising. Interestingly, the Goldman Sachs analysts also told the clients that within 12 months gold price will rise to $1,650 per ounce. Unfortunately, Goldman Sachs with some of the leading investment banks are wrongly quote for gold manipulation by the popular news and media agencies in the entire world.

For further information about Goldman Sachs gold holdings, fund, outlook and index, clients can stop at a nearby local branch office or log in to their authentic website.



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