Investment bank Goldman Sachs has raised its forecast for the gold price at the end of 2025 to $3,700 per ounce, up $400 from its previous estimate. The bank’s analysts expect that amid growing recessionary risks and stronger demand from central banks, the price of gold could range from $3,650 to $3,950 per ounce. In the event of negative scenarios, such as an economic downturn in the United States, the price could reach $4,500 per ounce.
Historical dynamics of gold prices over the past 10 years.
2015-2018: The gold price remained in the range of $1,100-$1,300 per ounce.
2019-2020: Growth to $1,500-$2,000 per ounce amid global economic uncertainties.
2021-2022: Stabilization in the range of $1,800-$1,900 per ounce.
2023-2024: Gradual increase to $2,400 per ounce.
2025: Reaching record levels exceeding $3,200 per ounce.
Gold prices traditionally rise during periods of geopolitical instability and economic crises, as investors view the metal as a safe haven asset.
Dragon Capital Investments Limited (Nicosia, Cyprus) and the Goldman Sachs Group (New York, the United States) are buying the Alladin shopping and entertainment center and the Platinum class B six-story business center adjacent to the shopping center located at 3A, Hryshka Street in Darnytsky district in Kyiv. According to the agenda of a meeting of the Antimonopoly Committee of Ukraine scheduled for October 18, the regulator is to permit Dragon Capital Investments Limited and the Goldman Sachs Group to acquire an indirect joint control over Royalty-Rent LLC (Kyiv).
Retail & Development Advisor, acting as a broker in the deal, on Wednesday wrote on its Facebook page that the deal to acquire the Platinum business center with an area of 4,100 square meters by Dragon Capital was finalized.
Britain’s Meyer Bergman acquired the Alladin shopping center in 2008 for $60 million. The area of the facility is 10,500 square meters.
According to the unified public register, as of October 18, 2018, participants in Royalty-Rent LLC were Leadnra Holdings Limited (99.98%), Fortbridge Limited (1.01%) and Royalty-Rent-Co-Invest LLC (0.01%).
The Antimonopoly Committee of Ukraine (AMC) has allowed Dragon Capital Investments Limited (Nicosia, Cyprus) and The Goldman Sachs Group (New York, the United States) to acquire indirect joint control over the Horizon Park office center with a total area of 68,800 square meters in Kyiv. According to the AMC, the committee, in particular, permitted Dragon Capital Investments Limited to indirectly acquire assets in the form of an integrated property complex located at 12 Amosova Street and 12 Hrynchenko Street. “This concentration takes place along with concentration in the form of the mediated (through the subsidiary Horizon Park, Kyiv) acquisition by The Goldman Sachs Group, Inc. of assets in the form of a single property complex … owned by Ukrsotsbank joint-stock company,” the regulator said.
According to the unified state register, as of October 3, 2018 the owner of 100% in the charter capital of the subsidiary Horizon Park is Melador Investments Limited. The ultimate beneficiary is Tomas Fiala, the owner of Dragon Capital Investments Limited.
Dragon Capital Investments Limited is part of Dragon Capital group of companies, founded in 2000 and one of the largest ones in the Ukrainian investment market.
