Goldman Sachs Lowered Its Gold Forecast as the Fed Turns Hawkish
8 Articles
8 Articles
The US investment banking giant Goldman Sachs has lowered its gold price forecasts for 2026 and 2027 to $4,150 and $4,800 per ounce, citing the US Federal Reserve's tight monetary policies.
International investment bank Goldman Sachs has lowered its end-of-year gold price forecasts for 2026 and 2027 by more than $500, expecting interest rates to remain high for an extended period and the US dollar to maintain its strength.
The US bank revised downwards its expectations for precious metal in the face of the Federal Reserve’s restrictive turn, although it foresees a recovery.
US investment bank Goldman Sachs has lowered its end-of-year gold price forecasts for 2026 and 2027, citing the Federal Reserve's tighter monetary policy stance. While highlighting the risk of short-term selling pressure, the bank predicted that central bank demand for gold would continue to support prices.
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