Deutsche Bank Slashes Gold Price Forecast by 22%: Wall Street Bulls Retreat, Fed Rate Hike Expectations Become Biggest Drag
TradingKey - Wall Street investment banks' bullish sentiment on gold is cooling across the board. Following Goldman Sachs' (GS) sharp cut to its gold price targets last week, Deutsche Bank (DB) followed suit on Monday, lowering its gold (XAUUSD) price forecasts by up to 22%.
TradingKeyTue, Jun 23