Goldman Sachs Warns Gold May Reach $5,000 if Federal Reserve's Independence is Compromised
Key Takeaways
- A new Goldman Sachs Group, Inc. (GS) analysis calculates that if investors shifted just 1% of the privately owned U.S. Treasury market to gold, prices could reach nearly $5,000 per troy ounce (toz).
- Goldman also warned that damage to the independence of the U.S.