Goldman Sachs reaffirmed that the gold price would remain at $5,400 (about 740 million KRW) by the end of 2027 even after the Federal Reserve’s policy rate hike.
The Fed raised rates on the 17th, a move seen as an attempt to continue stimulating the economy, but Goldman Sachs did not adjust its long‑term gold price outlook.
This announcement is based on the long‑term horizon of the end of 2027 and does not specify short‑term price movements or future trends following the rate hike; Goldman Sachs expressed caution regarding potential impacts that the Fed’s rate increase could have on the market.
Bloomberg reported that Goldman Sachs maintained this outlook. (The KRW conversion is a simple calculation applying an exchange rate of 1,370 KRW per dollar.)