GO
| HSI1 | 25,776.53 | -335.31 | 291.55B |
| HSCEI1 | 8,681.83 | -123.77 | 111.37B |
| Back Zoom + Zoom - Block Traded | |
|
2026-04-29 16:56:22 Goldman Sachs maintained its optimistic outlook on gold prices, forecasting that gold prices will reach US$5,400 per ounce by end-2026, supported by central banks' diversification investments. Goldman Sachs expected a reappearance of speculative demand for gold and anticipated that the Fed will cut interest rates by about 50 bps, thereby lowering the opportunity cost of holding gold. However, near-term risks remain skewed to the downside, particularly if geopolitical tensions trigger further position closing activities. ~ AASTOCKS Financial News Website: www.aastocks.com | |