Goldman Sachs Slashes Gold Target to $4,900 Amid Rate Cut Doubts

Goldman Sachs Cuts Gold Price Forecast to $4,900 on Fed Rate Hike Expectations

Goldman Sachs reduced its year-end 2026 gold price forecast by $500 to $4,900 per ounce, according to a bank note on Friday. The revision reflects an increased likelihood that the U.S. Federal Reserve will raise interest rates rather than cut them this year, officials said. The bank had previously set a target of $5,400 per […]

Goldman Sachs Slashes Gold Target to $4,900 Amid Rate Cut Doubts

Goldman Sachs cuts 2026 year-end gold target by $500 to $4,900 due to delayed Fed rate cuts, signaling downside risks for gold and crypto markets. (Read More)

Goldman Sachs Cuts Gold Target

Gold prices came under renewed pressure after Goldman Sachs lowered its year-end forecast for the precious metal by $500 per ounce, citing a more hawkish outlook from the US FederalRead More...