Goldman Sachs on Thursday lowered its end-2026 gold price forecast to $4 150/oz from $4 650/oz and its end-of-2027 forecast to $4 800/oz from $5 400/oz, citing implications of the US Federal Reserve’s more hawkish policy stance in recent months. Potentially higher oil prices could add to pressure through systematic selling, while sharp equity drawdowns could initially pull gold lower as margin calls and broader deleveraging force investors to raise cash, the bank said.
Popular
06Nov2026
