Goldman Sachs Doubles Down on $5,400 Gold Target Amid Sharp Pullback - FXLeaders

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.

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Gold back to $5,400? Here’s why Goldman Sachs still sees bullish potential ahead - FXStreet

Gold At $5,400: Goldman Sachs Maintains Year-End Projection, But With Riders - NDTV Profit