From $5,600 To Panic—And Back: Why Goldman Stays Bullish On Gold After The Warsh Shock
Optimistic
16.4
Gold prices collapsed violently late last week after President Donald Trump nominated Kevin Warsh as the next Fed Chairman, yet Goldman Sachs says the move may say more about positioning and market mechanics than about the underlying bull case.
In a note shared Wednesday, Goldman commodity analyst Lina Thomas indicated that the dramatic reversal in gold and silver prices was largely driven by Western derivatives flows — not a breakdown in structural demand — and that the longer-term outlook for gold remains firmly skewed to the upside.
What Drove January's Big Moves And Friday’s Historic Slump In Gold And Silver
Gold and silver surged aggressively into January, rising roughly 24% and 60%, respectively, to intraday highs near $5,600 per ounce for gold and $120 per ounce for silver.
That ra
In a note shared Wednesday, Goldman commodity analyst Lina Thomas indicated that the dramatic reversal in gold and silver prices was largely driven by Western derivatives flows — not a breakdown in structural demand — and that the longer-term outlook for gold remains firmly skewed to the upside.
What Drove January's Big Moves And Friday’s Historic Slump In Gold And Silver
Gold and silver surged aggressively into January, rising roughly 24% and 60%, respectively, to intraday highs near $5,600 per ounce for gold and $120 per ounce for silver.
That ra
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
