"Buy gold" is a surprise message sent by Goldman Sachs to its clients, encouraging them to seize the opportunity and buy more gold, expecting that the price of the yellow metal will reach a new record level of $3,000 per ounce next year.

The bank explained the reasons, most notably the continued demand from global central banks, the reduction of US interest rates by the Federal Reserve, and the hedging that is happening in the face of crises that the world is witnessing.

These expectations are also in line with UBS, which expected gold to reach $2,800 by the end of this year before reaching $3,000.

Gold prices, it is true, suffered their largest loss in November (the largest loss in 14 months) after Trump won the elections and investors flocked to high-risk assets, but if we calculate the gains for this year, they exceeded 26%, and they are on their way to the best annual gain in 14 years.