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Goldman Sachs: Fed rate cut will boost the price of gold pump
Odaily Planet Daily News According to Goldman Sachs, they responded to the widespread questioning of their bullish gold price outlook in the market and reiterated their view that the Fed's rate cut will pump up the gold price. The institution reiterated its trading recommendation to go long on gold and set a price target of $2700 per ounce at the beginning of 2025. (FX678)