The gld stock price forecast reflects volatility clusters tied to CPI releases and Treasury auction results. Risk models show downside limited to $178 barring major policy shifts. Eldorado Gold is trading at a one year forward earnings multiple of 13.1x, which is well below the market average and its 10-year median multiple of 31.4x. EGO is the cheapest stock of the bunch based on its historical averages and from an absolute measure. Even so, Thomas says gold is likely to break more records this year. Goldman Sachs Research predicts gold will rise to $3,700 a troy ounce by the end of 2025 (from $3,220 on May 15) as central banks buy many tonnes of the precious metal every month. Traders watching the gld stock price forecast note option market activities skewed toward call contracts, indicating bullish sentiment tied to central bank gold buying data from emerging economies.
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