Gold is expected to continue its "brilliant silver" performance! Goldman Sachs is betting on the skyrocketing gold prices to hit $4000.

According to the financial news app Securities Times, Goldman Sachs, the financial giant on Wall Street, stated in a research report released on Monday that the increasing demand for gold by global central banks has structurally raised the "gold-silver ratio". It is expected that the trading price of gold will continue to outperform silver, which is much cheaper. The report emphasized that the recent strong buying interest in silver is unlikely to continue. Therefore, Goldman Sachs' team of commodity analysts does not believe that the silver price, which has recently attracted a lot of attention, will catch up with the strong upward trend of gold.