Goldman Sachs: Once the Fed becomes a political tool, it will push gold prices up to $4,500 an ounce

Planet Daily News: Given that Trump has recently been frequently sending dangerous signals to Federal Reserve Chairman Powell, threatening to fire him if interest rates are not cut, Goldman Sachs analysts warn that if the Federal Reserve loses its independence, the market will face extreme volatility. Goldman Sachs predicts that in extreme tail risk scenarios, such as increased market focus on the Federal Reserve's subordination or risks of changes in US reserve policies, leading to continued central bank demand rising to 110 tons/month, with ETF holdings rebounding to pandemic levels due to a US recession, speculative positions reaching the top of historical range, gold prices could approach $4,500 per ounce by the end of 2025. (Wall Street Insights)