Citi cuts near-term gold price target from $4,300 to $4,000, warns of limited upside - KITCO
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Citi cuts near-term gold price target from $4,300 to $4,000, warns of limited upside KITCO
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4 itemsCiti Lowers Gold Price Forecast to $4,000 per Ounce for Next Three Months - News and Statistics - IndexBox
UBS Gold Price Forecast: Near-Term Target Slashed But $5,900 Potential Upside - Exchange Rates UK
UBS has revised its gold price outlook, significantly lowering its near-term target but indicating a bullish long-term scenario with a potential upside of $5,900. This mixed signal suggests that while immediate conditions may pose challenges for gold prices, longer-term fundamentals could favor substantial gains. The rationale behind the slashed target appears to stem from a variety of factors, including macroeconomic conditions and shifts in investor sentiment. The firm’s outlook contrasts sharply with those anticipating a stable or rising gold market in the near future, underscoring a potential divergence in views.
Goldman Sachs Gold Price Forecast: Near-Term Downside Risk But $5,400 Target Intact - Exchange Rates UK
The desk views Goldman Sachs' recent commentary as indicative of a cautious outlook on gold prices, suggesting near-term downside risks while maintaining a bullish long-term target of $5,400. Per the full note from Exchange Rates UK, Goldman highlights potential headwinds stemming from macroeconomic factors and market positioning that could pressure gold in the short run. Despite these risks, the overarching target remains intact, reflecting confidence in gold's long-term value amidst ongoing inflationary pressures and geopolitical uncertainties.
Goldman sees downside risks to its 2026 gold price target - Investing.com
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