Goldman Sachs sharply cuts its gold price target! Central bank gold purchases cannot offset the Federal Reserve's hawkish shift; the current landscape closely resembles that of 2022.
Reported by 富途牛牛: “Goldman Sachs sharply cuts its gold price target! Central bank gold purchases cannot offset the Federal Reserve's hawkish shift; the current landscape closely resembles that of 2022.”. Gold settled at $4,075 an ounce on November 6, 2026 — $131.01 per gram, -0.94% on the day. The story touches the United States: we track local prices and customs flows for those.
Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.
- official reserves
- physical demand
- currency confidence
- long-term expectations
- next reserve disclosure
- net purchase volume
- geographic breadth
- reserve and import data: the United States
This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.