Goldman Sachs cuts year-end gold forecast by $500 on fading Fed rate cut hopes
Goldman Sachs cuts year-end gold forecast by $500 on fading Fed rate cut hopes. Market participants are assessing the implications for related sectors and asset prices. Analysts note that this development may influence near-term trading sentiment and positioning across equities, rates, and commodities.
Meridian View
Meridian Intelligence View
Meridian Intelligence view: Rate and jobs data often justify intervention, yet credit expansion drives cycles. Focus on money supply and real savings shaping the capital structure, not central bank rhetoric.