突发警告！高盛最新发声！

Core Viewpoint - Goldman Sachs warns that the US economy is nearing stagnation and requires multiple interest rate cuts from the Federal Reserve to regain growth momentum [3][4][5] Economic Indicators - Goldman Sachs' chief economist, Jan Hatzius, predicts three rate cuts by the end of the year and potentially more in 2024 [4][5] - The US unemployment rate rose to 4.3% in August, the highest in nearly four years, with only 22,000 new jobs added, significantly below expectations [4][5] - Employment data for June and July was revised downward, showing a total reduction of 21,000 jobs [4] Gold Market Dynamics - Gold prices reached a new high, surpassing $3,670 per ounce, driven by expectations of interest rate cuts [4][5][6] - Year-to-date, spot gold has increased by nearly 39%, influenced by central bank purchases, speculation on rate cuts, and geopolitical tensions [6][7] - The market anticipates a 90% probability of a 25 basis point rate cut in September, with a 76.3% chance of a cumulative 50 basis point cut by October [5][6] Future Projections for Gold - Goldman Sachs forecasts gold prices to reach $4,000 per ounce by mid-2026 under baseline conditions, with potential scenarios suggesting prices could approach $5,000 if political interference affects the Federal Reserve's credibility [6][7] - The demand for gold ETFs has surged, indicating potential for further price increases, although current holdings remain below pandemic highs [7] Investment Sentiment - Analysts suggest that the weak employment data reinforces expectations for rate cuts, which could support gold prices in the short term [7] - Long-term uncertainties in global trade policies and geopolitical issues are expected to enhance gold's appeal as a safe-haven asset [7]