Goldman Sachs Trims Gold Forecast by $500 as Fed Rate-Cut Bets Fade

Goldman Sachs Group Inc. has lowered its year-end gold price target by $500 an ounce, bringing the new forecast to $4,900 for December. Analysts Lina Thomas and Daan Struyven attributed the change to a reassessment of Federal Reserve policy, with the bank no longer expecting rate cuts in 2026. Despite the downgrade, the bank still […] Read The Full Article Goldman Sachs Trims Gold Forecast by $500 as Fed Rate-Cut Bets Fade On Coin Edition.