Goldman Sachs Revises Gold Price Target Following Fed Meeting

Goldman Sachs has lowered its year-end target for the price of gold to $4,900 from $5,400 due to a shift in expectations around Federal Reserve rate cuts. The bank now forecasts no rate reductions in 2026 and delayed cuts into 2027, impacting demand dynamics for gold.

By Hillary Remy · TheStreet ·

Goldman Sachs Revises Gold Price Target Following Fed Meeting

Tickers: $GLD $GS

Topics: Fed Policy Gold Price Target Revision

Read the full article at TheStreet

More World news