Ausblick: Wenn die Federal Reserve diese Woche um 25 Basispunkte senkt, könnte der Goldpreis kurzfristig einem leichten Pullback gegenüberstehen.

Goldman Sachs expects that if the Fed chooses to cut 25 basis points this week, gold may face a small Pullback in the short term, but will then hit a record high again driven by capital inflows into gold ETFs.
Goldman Sachs analysts Lina Thomas and Daan Struyven pointed out in their report that 'Fed rate cuts will drive Western funds back into gold ETFs, a factor that has been largely absent in the sharp rise of gold in the past two years.' They reiterated Goldman's forecast that the price of gold is expected to rise to $2,700 per ounce early next year. Goldman economists expect the Fed to cut rates by 25 basis points on Wednesday. In this basic forecast scenario, the price of gold may experience some tactical pullback, but it is expected that as the Fed initiates a loose cycle, gold ETFs will attract gradual inflows of funds, thereby driving the price of gold to pumpen.