Goldman Sachs(US:GS) Sou Hu Cai Jing·2025-09-05 01:51Group 1 - Goldman Sachs indicates that President Trump's criticism of the Federal Reserve may lead to a decline in confidence in the US dollar, potentially driving gold prices to $5,000 per ounce [1] - The report highlights that gold prices have already reached a historical high of $3,560 per ounce, reflecting a 35% increase this year due to political uncertainty and concerns over US debt [1] - The expectation of interest rate cuts in the US is contributing to the attractiveness of non-yielding assets like gold, with concerns that politicization of the Federal Reserve could lead to more aggressive monetary easing [1] Group 2 - Goldman Sachs forecasts that gold prices could average $3,700 per ounce by the end of the year and reach $4,000 by mid-2026, assuming strong central bank purchases continue [1] - A 1% shift of funds from US Treasury holdings to the gold market could push gold prices to approximately $5,000 per ounce, according to Goldman Sachs [2] - The predictions from Goldman Sachs align with JPMorgan's earlier assertion that gold prices could reach $6,000 per ounce with even a small withdrawal from US assets in the current macroeconomic environment [2]