67
Markets1d 2h ago

Goldman Sachs lowered its year-end 2026 gold price target to $4,900 per ounce from $5,400.

United States

Who
Goldman Sachs, Lina Thomas, Daan Struyven, Federal Reserve, Fed Chair Kevin Warsh
What
Goldman Sachs lowered its year-end 2026 gold price target to $4,900 per ounce from $5,400.
When
Thu, 18 Jun 2026 14:21:14 GMT · 1d 2h ago
Where
United States ·
Why
The revised forecast reflects delayed rate cuts, fading concerns about central bank independence, a more hawkish Federal Reserve outlook, and weaker expectations for gold ETF demand.
The Frontline Impact

How this affects you

This adjustment reflects market expectations for higher interest rates, which typically weigh on gold by increasing the opportunity cost of holding a non-yielding asset and reducing demand from rate-sensitive exchange-traded funds.

Story chain

1 event in this thread
No related history yet - this is the origin event.

Verified Sources & Citations