
Gold Recovers to $4,051 as Oil Slides and Goldman Slashes Year-End Target
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Gold recovered intraday to close around $4,051 after softer oil prices and a surprise jump in US consumer confidence. Goldman Sachs cut its 2026 year-end gold target to $4,650 from $4,900. Amundi lowered its year-end target to $4,500 from $5,000. A Reuters survey of 30 analysts revised the median 2026 gold forecast down to $4,495.
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