Goldman Sachs: Once the Fed Becomes a Political Tool, It Will Drive Gold Price to $4500/oz

BlockBeats News, April 18th, in view of President Trump's recent frequent dangerous signals to Federal Reserve Chairman Powell, threatening to fire him if interest rates are not lowered, Goldman Sachs analysts warned that once the Federal Reserve loses its independence, the market will face extreme volatility.

Goldman Sachs expects that in an extreme tail risk scenario, if the market becomes concerned about the Fed's subordination or changes in U.S. reserve policy risk, leading to central bank demand continuously rising to 110 tons per month, U.S. recession causing ETF holdings to rebound to epidemic levels, speculative positions reaching historical range tops, the gold price may approach $4500/ounce by the end of 2025. (Wall Street News)