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Goldman Sachs Maintains Gold Price Forecast of $5,400/oz by End-2027 Despite Fed Rate Hikes
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On September 18, Cailian Press reported that Goldman Sachs has reaffirmed its forecast for gold prices, projecting they will reach $5,400 per ounce by the end of 2027. The investment bank stated it maintains this outlook despite the Federal Reserve's ongoing interest rate hikes. The forecast reflects Goldman Sachs' long-term bullish view on gold, suggesting that the metal's price trajectory remains unaffected by the current monetary tightening cycle. No additional details or rationale were provided in the brief report.
Source report
Cailian Press, Sept. 18 — Goldman Sachs has announced that it is maintaining its forecast for gold prices at $5,400 per ounce by the end of 2027, despite ongoing Federal Reserve rate hikes.
Source
财联社Eastern
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Goldman Sachs maintains $5,400 gold price forecast for end of 2027 despite Fed rate hike