Gold Archives - HoneyBunns

Two Gold Bugs Stand Firm on Gold’s Rally, Lawrence Lepard Targets $1 Million Bitcoin

admin3 hours ago08 mins

Key Takeaways Gold fell to $4,156 on June 19, its third straight weekly loss amid Fed rate hike bets. Goldman Sachs cut its 2026 gold target to $4,900 from $5,400 on June 13-20 data. Lawrence Lepard says bitcoin could reach $1 million as debt concerns build for years. Spot gold opened the week near $4,214…

Goldman Sachs Cuts Gold target by $500 on Fed Rate Cut Delay

admin15 hours ago03 mins

Goldman Sachs lowered its year-end gold forecast by $500 an ounce, citing expectations that the US Federal Reserve won’t cut interest rates this year. The revised target places gold at $4,900, down from earlier estimates of $5,400. It comes on the assumption that the next Fed cuts could be pushed to March 2027 and December…