Goldman Sachs(US:GS) Sou Hu Cai Jing·2025-10-03 07:36Group 1 - Gold prices reached a record high of $3896.60 per ounce before closing lower due to cautious comments from Dallas Fed President Logan regarding further rate cuts [1][4] - The recent pullback in gold prices is viewed as a healthy correction rather than the end of a bull market, with expectations of continued upward movement supported by loose monetary policy and global uncertainties [3] - Goldman Sachs maintains a bullish outlook on gold, projecting a mid-2026 price of $4000 and a year-end price of $4300, indicating potential upside risks [3][5] Group 2 - The U.S. government shutdown has delayed the release of key economic data, including the non-farm payroll report, which could impact market sentiment [4][5] - Despite the recent decline, gold has risen 47% year-to-date, benefiting from its status as a safe-haven asset in a low-interest-rate environment [4] - Other precious metals have also experienced price fluctuations, with silver down 1.4% to $46.67 per ounce, while platinum remained stable at $1558.55 and palladium fell 1% to $1231.94 [5]