Goldman Sachs Slashes Gold Forecast as Fed Fears Mount | Metals Mine

  • Goldman Sachs Slashes Gold Forecast as Fed Fears Mount

    From financefeeds.com

    Goldman Sachs lowered its year-end gold price forecast by $500 to $4,900 per ounce, citing expectations that the Federal Reserve will not cut interest rates in 2026. The revision, reported by Bloomberg, reflects growing concern that delayed monetary easing could pressure both bullion and risk assets, including Bitcoin. Context and Background: The bank’s previous year-end target stood at $5,400 per ounce. Goldman analysts Lina Thomas and Daan Struyven now project that the next Fed cuts could arrive as late as March 2027 and December 2027. Gold has already fallen more than 22% from its January all-time high of $5,327 ... (full story)

Comment Options
  • Story Stats

  • Related Stories