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Gold Rally Hits Hormuz Wall: Why Goldman Is Turning Cautious Now

Gold Rally Hits Hormuz Wall: Why Goldman Is Turning Cautious Now

Goldman Sachs is sticking with its bullish gold call. It’s just no longer comfortable with the path. In a note published Tuesday, commodities analysts Lina Thomas and Daan Struyven kept their gold’s year-end 2026 target at $5,400 per ounce, but flagged that near-term...

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