Gold Falls Despite a Weakening Dollar
Gold Futures End Lower
Goldman Sachs Delays $3,000 Gold Forecast, Sees Fewer Rate Cuts In 2025
"Is the 'Trump Shock' putting an end to the Gold feast? Goldman Sachs changes its stance: Gold prices may struggle to rise to 3,000 dollars by the end of the year."
①Goldman Sachs predicts that gold prices may not rise to $3,000 by the end of the year, as Trump's policies may lead the Federal Reserve to reduce the scale of interest rate cuts in 2025; ③Goldman Sachs pointed out that central banks' continued buying of gold is a key driving factor for long-term gold prices, and it is expected that by mid-2026, the average monthly purchase volume by central banks will reach 38 tons.
Wall Street continues to look forward to the Gold bull market: aiming for 3,000 dollars.
After experiencing a glorious year in 2024, Fund managers still see reasons to remain Call.
Gold Slips As Bears Tighten Grip: Analysts Maintain Negative Outlook
Goldman Sachs has changed its mind! It has lowered the Target Price for Gold and no longer expects it to reach 3000 USD by the end of the year.
Goldman Sachs pointed out that the slowdown in the USA's monetary policy easing in 2025 will suppress the demand for Gold ETFs. Therefore, it is expected that the gold price will reach $2910 per ounce by the end of this year, rather than the previously anticipated $3000 per ounce. Goldman Sachs also expects the gold price to reach $3000 per ounce by mid-2026 as the Federal Reserve continues to cut interest rates.
Federal Reserve officials express concerns about inflation, and gold prices hover around $2,640.
Statements made by Federal Reserve officials over the weekend have reinforced the view that the Fed will adopt a more cautious approach to interest rate cuts this year.
Gold Futures Likely To Be Volatile Next Week
GLD ETF Declines 0.8%
Iron Ore and Gold: Two Defensive Plays Over the Next 12-18 Months Amid Tariffs Risk
Gold Edges Down Even as the Dollar Falls Off the Highest in More Than Two Years
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Friday as Investors Refocus on Economic Data
Gold Futures End Higher Amidst Ongoing Geopolitical Tensions
As fears around Trump rise, the trends in Emerging Markets MMF and Gold diverge.
Amid expectations of Trump possibly returning to the White House, the 30-day correlation between Gold and the MSCI Emerging Markets MMF Index has dropped to its lowest point in nearly three years. Over the past three years, these two Assets have been positively correlated 86% of the time, but now they are experiencing a 30-day negative correlation, which has occurred for only the fifth time in three years.
Oil Brief: Brent Crude Down 0.35% at US$75.66; NY Crude Down 0.3% at Near US$72.90
Oil Brief: Daan Struyven at Goldman On Bloomberg TV Says He Sees Role For Both Gold and Energy As Inflation Hedges In Portfolios
Gold Brief: Struyven Also Cites "Structural Support From Central Bank Gold Demand"
Gold Brief: "US Political Uncertainty and Recent Consolidation Provide An Attractive Entry Point For Our High-Conviction Long Gold View," Says Daan Struyven at Goldman
Gold Brief: Up 30% To US$2657.18 Over One Year; Goldman Sachs Sees It At $3,000 Level By End of 2025