Gold price prediction: Gold rate falls amidst big movement in oil price, inflation, check experts' opinion - The Economic Times

AI desk brief

Spot gold fell 0.4% to $4,070.59/oz but remained up roughly 5% for the week; silver rose 0.6% to $52.04. Goldman Sachs cut its end-2026 gold forecast to $4,150 from $4,650, citing a more hawkish Fed stance. The report put December rate-hike odds at 70%, according to CME FedWatch, while Brent traded near $100 amid Middle East supply concerns. Higher energy costs could pressure bullion if they prompt tighter policy and higher expected real yields; UBS analyst Giovanni Staunovo said payrolls in line with expectations or weaker could support gold.