Goldman Sachs today Gold Forecast Gold
Continued strength in the U.S. dollar and a gradual increase in interest rates should push gold prices down further, the group said.
Their current gold price forecasts remain $1,150 per troy ounce in 3 months, $1,100 in 6 months and $1,050 in 12 months. Gold was up around 0.8 percent at $1,166 on Monday.