Goldman Sachs Trading Volume Plummets 43.99% to $971 Million Ranking 64th in Daily Trading

On May 20, 2025, Goldman Sachs (GS) experienced a significant decline, with its trading volume dropping by 43.99% to $971 million, placing it at the 64th position in the day's trading rankings. The stock price decreased by 0.94%, marking the second consecutive day of decline, with a total decrease of 2.02% over the past two days.

Goldman Sachs Research has forecasted that gold prices will reach $3,700 per troy ounce by the end of 2025, driven by increased investor interest in the commodity amidst macroeconomic uncertainties. This prediction aligns with the firm's analysts' views on the precious metal's potential for growth.

Goldman Sachs has also highlighted the potential for industrial demand to wane over the next few years, which could impact the supply and demand dynamics of certain commodities. The firm's analysts have shared their insights on the precious metal, emphasizing the importance of macroeconomic factors in driving gold prices.

David Kostin, Goldman Sachs' chief U.S. equity strategist, expects Big Tech to outperform in 2025 due to tepid U.S. economic growth and elevated interest rates. This outlook suggests that investors may seek refuge in defensive sectors, potentially benefiting Goldman Sachs' own technology-focused investments.