11 Hrs
الاقتصادية
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الاقتصادية

2026-11-06T07:01:36.640Z

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Goldman Cuts Gold Outlook

Goldman Cuts Gold Outlook

Goldman Sachs lowered its gold price forecasts to $4,150 an ounce by the end of 2026, from $4,650, and to $4,800 by the end of 2027, from $5,400, citing tighter monetary policy and higher interest rates, despite expecting the Federal Reserve to begin cutting rates in late 2027. If rates are raised again in March, gold could reach $4,660 an ounce by the end of 2027. Central-bank purchases are supporting the market: central banks bought 321 tonnes in the third quarter, bringing estimated net purchases since the start of the year to 675 tonnes.

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