Goldman Sachs Cuts Gold Target as Fed Expected to Hold Rates; Guinea Bans Raw Gold Exports

XAU1.14%
According to Jin10, Goldman Sachs has lowered its gold price target as the U.S. Federal Reserve is not expected to cut interest rates this year. Separately, Guinea announced a formal ban on raw gold ore exports to promote domestic processing. The moves signal tightening conditions for precious metals amid shifting monetary policy expectations and new supply-side constraints.
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