Breaking
Posted 12 hours ago
Goldman Sachs Cuts Gold Forecast $500 on No 2026 Fed Cuts
Goldman Sachs slashed its year-end gold price target by $500 per ounce, citing a revised outlook that eliminates Federal Reserve rate cuts for 2026. The move signals a significant shift in Goldman's macro assumptions around U.S. monetary policy.
The repricing hits XAU/USD directly, with gold's safe-haven premium under pressure. USD pairs including EUR/USD and USD/JPY may react as a hawkish-for-longer Fed supports dollar strength, potentially pushing DXY higher and weighing on yen and euro.
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