By Tom Ozimek Goldman Sachs raised its December 2026 gold price forecast by $600 to $4,900 per ounce, citing surging exchange-traded fund (ETF) inflows in Western markets and sustained accumulation of the yellow metal by central banks. The investment bank’s latest gold price prediction, made in an Oct. 7 client note, marks a significant upgrade […]
Tag: Federal Reserve System
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises.
