Sustainability analysts note that if recycled gold supply rises 12% YoY — as early data suggest — the imbalance could meet softer demand and force a price adjustment consistent with gold price forecast 2025 drop scenarios. Forbes Bitcoin Braced For $25 Trillion Price Earthquake As Deutsche Bank Issues Huge Fed Prediction By Billy Bambrough This article is being provided for educational purposes only. The information contained in this article does not constitute a recommendation from any Goldman Sachs entity to the recipient, and Goldman Sachs is not providing any financial, economic, legal, investment, accounting, or tax advice through this article or to its recipient. Neither Goldman Sachs nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this article and any liability therefore (including in respect of direct, indirect, or consequential loss or damage) is expressly disclaimed. In academic reviews, gold price forecast 2025 drop cases were tied to flattening yield curves, with current UST 2s10s spread compressing toward 20 bps — historically an omen for precious metals retracement.