Theme:
Light Dark Auto
GeneralTop StoriesPoliticsBusinessEconomyTechnologyInternationalEnvironmentScienceSportsHealthEducationEntertainmentLifestyleCultureCrime & LawTravel & TourismFood & RecipesFact CheckReligion
ECONOMY
Neutral Sentiment

Gold to Hit $5,000? Fed's Fall Means Your Fortune's Rise?

Read, Watch or Listen

Gold to Hit $5,000? Fed's Fall Means Your Fortune's Rise?

Goldman Sachs predicts gold prices could surge to nearly $5,000 per ounce. This dramatic increase would occur if the Federal Reserve lost its independence, causing investors to move a small part of their Treasury holdings into gold. Analysts believe a weakened Fed would lead to higher inflation, lower stock and bond prices, and a weaker dollar. Gold, as a non-fiat asset, would then become a more attractive store of value.

Prepared by Christopher Adams and reviewed by editorial team.

Related News

Comments

JQJO App
Get JQJO App
Read news faster on our app
GET