West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.60 during the early Asian trading hours on Thursday. The WTI edges lower as data showing an increase in US diesel stockpiles stoked worries about demand. However, the persistent geopolitical tensions might help limit the black gold’s losses.
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Gold Fever: Unmasking Winning Strategies Before the Fed Big Decision!
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Goldman Sachs sees gold hitting $4,000 amid Fed pressure fears (September 2025)
Goldman Sachs has issued its most bullish gold forecast yet, setting targets of $3,700 per ounce by the end of 2025 and $4,000 by mid-2026, while warning that extreme scenarios could drive the precious metal to $5,000 if the Federal Reserve independence comes under threat. The bank’s analysis comes as gold trades at record highs above $3,580 per ounce, having surged 36% this year to become one of the best-performing assets globally.