Business

Goldman Sachs Adjusts Gold Forecast

Updated 2026-06-19 10:10 UTC 1 source Negative

Goldman Sachs revised its gold forecast downward by $500 to $4,900 a tonne by year-end due to the Federal Reserve’s new hawkish stance.

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MarketWatch
Strategists at the investment bank see gold rising to $4,900 a tonne by the end of the year instead of $5,400.
2026-06-19 10:03 UTC
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