Sina Finance reported on the 18th that Goldman Sachs stated that gold prices may test $1,480 per ounce in the next 3 months as global events push down U.S. real interest rates.
Goldman Sachs believes that the gold (1,430.60, 4.20, 0.29%) market is oversold and noted that, given the decline in U.S. real interest rates, the recent market correction provides a good buying opportunity for investors.
As of 23:37 Beijing time, spot gold was trading at $1,420.30 per ounce.





