Goldman Sachs(US:GS) Zheng Quan Shi Bao·2025-10-26 11:28Core Insights - A man named Cao, aged 37, was arrested for vandalizing a gold jewelry store in Shanghai, with no injuries or damages reported [1][2] - The gold prices have seen significant fluctuations recently, with a peak of $4381.484 per ounce on October 20, followed by a drop of over 6% on October 21, and a rebound to above $4100 on October 23 [2] - Major gold jewelry brands in China, such as Chow Tai Fook and Chow Sang Sang, have gold prices exceeding 1220 RMB per gram [3] Gold Market Analysis - Goldman Sachs has expressed a bullish long-term outlook on gold, stating that the recent price adjustments are healthy and will not alter their positive view [3] - The firm has set a target price of $4440 per ounce for gold in Q1 2026, and has raised its forecast for Q4 2024 from $4900 to $5055 [3]