Goldman Sachs Slashes Gold Price Forecast Amid Fed Policy Shift

Goldman Sachs has significantly adjusted its outlook for gold, lowering its year-end price target by $500 per ounce. This downward revision comes as market expectations shift regarding the Federal Reserve’s monetary policy. Analysts now anticipate that the central bank will refrain from easing interest rates throughout 2026, a move that undermines the traditional bullish thesis for non-yielding assets like gold. As the prospect of rate cuts diminishes, the bank’s revised forecast signals a more cautious stance on the precious metal's performance in the current macroeconomic environment. #CLUSDT #BTCUSDT