Home > Quick > Body

Deutsche Bank Flags $3,800 Gold Risk if Fed Delivers Three to Four Rate Hikes

clock
2026-06-24 18:33:16
Deutsche Bank warned gold could fall to about $3,800 an ounce if the Federal Reserve delivers three to four rate hikes, deepening the metal’s slide. In a note published on Tuesday, according to BeInCrypto, the bank cut its forecasts to $4,300 per ounce in the third quarter and $4,800 in the fourth quarter, with analyst Michael Hsueh saying the Q4 view assumes rates stay unchanged. Deutsche Bank follows Goldman Sachs, which cut its year-end target to $4,900 from $5,400. Spot gold traded near $4,088 on Wednesday.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.