Goldman Sachs Lowers 2026 Gold Price Forecast to $4,900 an Ounce
Goldman Sachs has cut its year-end gold price forecast for 2026 to $4,900 an ounce, down from its earlier estimate of $5,400. The bank made the change as expectations for when the Federal Reserve will begin cutting interest rates have been pushed further into the future. What changed Goldman's commodity analysts, Lina Thomas and Daan…
