Goldman Sachs Cuts End-2026 Gold Forecast by $500 to $4,900 an Ounce
2026-06-21 07:40:22
Goldman Sachs has lowered its end-2026 gold price forecast by $500 per ounce, citing its view that the US Federal Reserve is unlikely to cut interest rates again this year, according to 36Kr. The bank’s analysts cut their December gold target to $4,900 per ounce, indicating gold prices could still rise in the second half of this year but by less than previously expected.
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