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Goldman Sachs keeps $5,400 gold forecast for end-2027 despite Fed hikes

Verifying
  • Goldman Sachs maintained its bullish gold outlook and reiterated its end-2027 price forecast.
  • $5,400 an ounce is Goldman’s reiterated gold target for the end of 2027.
  • Central banks are buying about 91 tonnes monthly, versus a pre-2022 average of 17 tonnes.
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