Goldman Sachs Cuts Year-End Gold Forecast by $500 to $4,900 as Fed No Longer Seen Cutting Rates in 2026
Goldman Sachs cut its year-end gold forecast by $500 an ounce to $4,900, citing expectations that the Federal Reserve is no longer seen reducing rates in 2026.
Even after the reduction, the revised target for December still implies bullion is expected to gain ground in the second half.
From the sources (3 posts)
@cointelegraph🚨 JUST IN: Goldman Sachs has cut its year-end gold price target by $500 to $4,900 per ounce, citing expectations that the Fed will no longer cut rates in 2026.
@businessGoldman Sachs cut its year-end gold forecast by $500 an ounce as the Federal Reserve is no longer seen reducing rates in 2026
@jack_hooglandGoldman Sachs cut its year-end #gold forecast by $500 an ounce as the Federal Reserve is no longer seen reducing rates in 2026. The revised target of $4,900 for December implies bullion is still expected to gain ground in the second half.