Goldman Sachs Sees Gold Rally Resuming, Calls USD 4,000 A Key Floor
Goldman Sachs’ Tony Kim expects gold’s current pause to give way to fresh highs, with sustained central-bank buying providing strong structural support for prices.
Gold Sees Mixed Performance in May as Currency Fluctuations Impact Market
In May 2023, the gold market experienced a slight decline of 0.9%, largely influenced by currency movements. However, outside of the US and Canada, gold saw gains. Despite the marginal drop, gold performed better than expected based on various factors.
- 1
