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Goldman Cuts Gold Target by $500 With Bitcoin Down 28.3% Since January

2026-06-19 08:20:57

Goldman Sachs lowered its year-end gold forecast by $500 to $4,900 per ounce. The firm tied the cut to expectations that the US Federal Reserve will not cut interest rates this year. Bitcoin has fallen 28.3% since January.

XAU-1.60%

BTC-2.38%

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