Goldman Sachs Trims Gold Forecast as Higher Rates Persist

TLDR Goldman Sachs lowered its year-end gold price target from $5,400 to $4,900 per ounce. The bank expects the Federal Reserve to delay interest rate cuts until March and December 2027. Analysts Lina Thomas and Daan Struyven maintained a constructive long-term view on gold despite near-term risks. Gold has fallen more than 22% from its [...]

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