On October 23rd, Goldman Sachs maintained its target price for gold to reach $4,900 per ounce by the end of 2026. Goldman Sachs said that due to the growing interest in gold as a strategic portfolio diversification tool, we still believe that the risk of gold prices breaking through the forecast target of $4,900 by the end of 2026 is increasing. We believe that "sticky" and structured buying will continue.
Goldman Sachs maintains its target price for gold to reach $4,900 an ounce by the end of 2026. Goldman Sachs said that due to the growing interest in gold as a strategic portfolio diversification tool, we still believe that the risk of gold prices exceeding the forecast target of $4,900 by the end of 2026 is rising. We believe that "sticky" and structured buying will continue. (Gold Ten)
Powell's strongest signal ignited a revolution in expectations! TD Securities, Barclays, and Goldman Sachs' rare synchronized action has sharply advanced the forecast for the end of balance sheet shrinkage to the end of the year. More importantly, the Federal Reserve may even restart "water release" next year. Click to view
Investor sentiment has improved markedly and there is still room for Chinese equities to rise, a senior Goldman Sachs executive has said recently. "What we are hearing from clients and investors is that sentiment [around Chinese equities] has improved". Kevin Sneader, president of Goldman Sachs Asia Pacific ex-Japan, said in an interview with the media on Wednesday. He pointed out that the rebound in Chinese stocks has some support. While some long-term investors are still seeking clearer policy...
As international oil prices fell to new 11-week lows, Goldman Sachs' commodities research team released a new analysis that this Friday's summit of US and Russian leaders in Alaska will not lead to a major shift in Russian oil supply. Click to view...
Hedge funds reduced their risk exposure to US tech, media and telecoms stocks in the week to July 25 at the fastest pace since July 2024, with long positions selling faster than short covering, according to a report from Goldman Sachs' prime brokerage division. The data showed that risk reduction was seen in most sub-sectors of TMT, led by semiconductors and semiconductor equipment, software, information technology services and media stocks. The technology sector earnings season is entering its ...
On April 30, Mathew McDermott, head of digital assets at Goldman Sachs, said at the Token2049 conference that clear regulations will make it easier for large institutions to deploy capital in the cryptocurrency space and promote its large-scale development. He pointed out that two stablecoin bills under development in the United States could accelerate the use of digital currencies.
The US goods trade deficit widened more than expected in March, according to Goldman Sachs' latest research report. Goods imports and exports both grew in March. The widening trade deficit was mainly due to higher imports of consumer goods, which may reflect the "rush" of imports ahead of the tariff hike. Details of the leading economic indicators report show that import growth was significantly stronger than our previous GDP tracking assumptions, but export growth was modestly stronger and inve...
Goldman Sachs maintained its bullish forecast for copper, expecting prices to reach $10,200 a tonne in the fourth quarter of 2025.
Goldman Sachs: OPEC + will postpone its plan to gradually increase production from April to July.