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Goldman Sachs Group Inc. cut its year-end gold forecast by $500 an ounce

Goldman Sachs Group Inc.: Goldman Sachs Group Inc. cut its year-end gold forecast by $500 an ounce Published Jun 19, 2026. Status: Pending. Gold price reaches...

Actor: Goldman Sachs Group Inc.
Topic: Economy
Status: Pending
Published: Jun 19, 2026
Deadline: Dec 31, 2026

Goldman Sachs Group Inc. cut its year-end gold forecast by $500 an ounce

FactTracker assessment

Gold price reaches the revised target of $4,900 an ounce by the end of 2026

Verification rule: Event occurs: Gold price reaches the revised target of $4,900 an ounce by the end of 2026; window 2026-06-19 to 2026-12-31

Verification criteria: Gold price reaches the revised target of $4,900 an ounce by the end of 2026

Original source: bloomberg.com