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Wall Street Breakfast Podcast: Gold Hit Hard, Goldman Keeps $5,400 Target
Gold (XAUUSD:CUR) faces its steepest monthly decline since 2008, but Goldman Sachs maintains a bullish $5,400 price target by end-2026. GM extends Factory ZERO downtime to April 2026, aligning EV output with slowing U.S. demand after significant production cuts and $7.6B in writedowns.
Tickers: GMNFLXAAAUDGLDGPGLDGLDMIAUIAUFOUNZUGL
Gold (XAUUSD:CUR) faces its steepest monthly decline since 2008, but Goldman Sachs maintains a bullish $5,400 price target by end-2026. GM extends Factory ZERO downtime to April 2026, aligning EV output with slowing U.S. demand after significant production cuts and $7.6B in writedowns.