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Spot gold drops below $3,950, Goldman Sachs cuts 2026 target to $4,900. According to BlockBeats, spot gold fell below $3,950 per ounce today (June 30), down 1.75%, hitting its lowest level since November 2025, about 29% below its peak in January this year. Following the drop in gold prices, Goldman Sachs lowered its gold price target for the end of 2026 from $5,400 to $4,900, citing the postponement of Fed rate cut expectations to 2027 and hawkish signals from new Fed Chair Kevin Warsh. Deutsche Bank, Citigroup, Morgan Stanley, and ANZ have also recently cut their gold price forecasts. #Gate完成141只股票股息派发