Key facts
- Goldman Sachs has cut its year-end gold forecast by $500 per ounce.
- The Federal Reserve is no longer anticipated to reduce interest rates in 2026.
Goldman Sachs has revised its year-end forecast for gold prices downward by $500 per ounce. This adjustment is attributed to a shift in expectations regarding the Federal Reserve's monetary policy, with the central bank now not anticipated to implement rate cuts in 2026.