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Goldman Sachs says gold could hit $5K as fears grow over Federal Reserve's independence
高盛高盛(US:GS) New York Post·2025-09-05 02:42

Wall Street giant Goldman Sachs predicted that gold prices could soar to the 5,000markonfearsthatPresidentTrumpistryingtoclampdownontheFederalReservesindependence.Thepreciousmetalhasrallied355,000 mark on fears that President Trump is trying to clamp down on the Federal Reserve’s independence.The precious metal has rallied 35% this year to more than 3,500 per troy ounce, making it one of the world’s best-performing major assets. Gold is traditionally seen as a hedge against inflation.“A scenario where Fed independence is damaged would likely lead to higher inflation, lower stock and long-dated bond prices, and an ero ...