Goldman Sachs Revises Downward Its Year-End Gold Price Target Following Fed Meeting

Goldman Sachs has lowered its year-end gold price target from $5,400 to $4,900 per ounce due to a shift in expectations around Federal Reserve rate cuts and reduced anticipated inflows into gold ETFs. The bank now forecasts no rate cuts by the Fed in 2026, pushing expected cuts to June and December 2027.

By Hillary Remy Sat, June 20, 2026 at 10:47 PM GMT+3 5 min read · Yahoo Finance · June 20, 2026, 19:47 UTC

Tickers: $GS

Topics: Fed policy gold price target revision

Read the full article at Yahoo Finance

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