Goldman Sachs: If the situation in Hormuz remains volatile, short-term gold will face further liquidation.
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Goldman Sachs adopts a dual-track stance of "structurally bullish, tactically cautious" toward gold in its latest precious metals research report, maintaining its year-end gold price target of $5,400/oz, but also warns that short-term downside risks should not be overlooked.
According to Chase Trading Desk, Goldman Sachs