Goldman Cuts End-2027 Gold Forecast to $4,650 on Rate Hike Expectations

Goldman Sachs lowered its end-2027 gold price forecast to $4,650/oz from $4,800, citing expected U.S. interest rate hikes. The bank still sees a 16% rise, supported by central bank purchases and demand recovery. This revision signals a modestly less bullish outlook for gold, reflecting a shift in rate expectations.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works