Goldman Sachs Forecasts More Strength for Gold, Commodities
March 28, 2023 at 11:55 AM EDT
Global investment firm Goldman Sachs forecasts more strength for gold as well as broader commodities once the Fed’s hawkishness starts to dissipate. That, in effect, should bring the U.S. dollar down and subsequently, gold prices higher. Additionally, a flight to safety in assets like precious metals adds an extra catalyst amid the banking system turmoil. [...] The post Goldman Sachs Forecasts More Strength for Gold, Commodities appeared first on ETF Trends .