A man walks past the grand entrance of Banco de México, showcasing its classic architecture.

Why Gold’s 14% Q2 Drop May Be a Healthy Correction Amid Central Bank Support and Inflation Risks

Central bank demand will push gold prices higher in 2026. Despite the second quarter being the worst for gold in 12 years, as a sharp rise in energy prices increased inflation expectations and created the possibility of interest rate hikes, central bank demand will help gold finish the year on a positive note, according to…

07/09/20260Comments

ByOleg Turceac

Goldman Sachs Slashes Gold Forecast to $4,900, Blaming Delayed Fed Rate Cuts

On June 19, Goldman Sachs analysts Lina Thomas and Daan Struyven lowered their year-end gold price forecast from $5,400 to $4,900. Specifically, Goldman Sachs no longer believes the Fed will cut rates in 2026, so the bank shifted its first expected rate cut to June 2027. JPMorgan has not changed its position. Its year-end…

06/23/20260Comments

ByOleg Turceac

Federal Reserve Rate Hikes Fuel Gold Volatility, But SocGen Sees Record Highs by 2027

The tightening of monetary policy by the Federal Reserve continues to negatively impact the gold market, with many analysts expecting prices to retest support around $4,000. However, one bank offers investors simple advice: "buy on the dip." In anticipation of the third quarter, Société Générale's market strategists updated their multi-asset portfolio, recommending investors maintain…

06/22/20260Comments

ByOleg Turceac