Goldman Sachs Lops $500 Off Gold Target on No Fed Cuts This Year

Bloomberg.com·Jun 19

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Goldman Sachs has reduced its gold target by $500, reportedly due to the expectation of no federal reserve cuts this year. The move has been followed by Deutsche Bank, which has also cut its gold forecast, potentially impacting gold bulls. The development comes amid varied market trends and news, including a decline in gold prices and changes in gold supply and demand.

Full coverage

Andhra Pradesh To Emerge As Largest Gold Supplier In India Due To Reserves Worth 50 Tonnes

NDTV Profit·Jun 19

International gold and silver dealer files Chapter 11 bankruptcy

Yahoo Finance Singapore·Jul 4

View original report at Bloomberg.com ↗

Fetching the latest headlines…

Goldman Sachs Lops $500 Off Gold Target on No Fed Cuts This Year

Full coverage

Goldman Sachs cuts gold forecast to $4,900 as Fed stays hawkish

Gold bulls gut outlooks as Deutsche Bank follows Goldman's cut

Goldman Sachs lops US$500 off gold target on no Fed cuts this year

Gold Down Nearly 25% From January Peak: Buy The Dips? What Analysts Say

Goldman Sachs has blunt message on gold price for rest of 2026

Goldman says central banks want more gold for their reserves

Andhra Pradesh To Emerge As Largest Gold Supplier In India Due To Reserves Worth 50 Tonnes

International gold and silver dealer files Chapter 11 bankruptcy