Goldman Sachs recommends using gold as a hedge against inflation risks in the event of a Republican sweep in the upcoming election. They suggest family office clients use exotic put options for hedging against election volatility. The firm maintains a target of $2,700 per ounce for gold by the end of 2024, citing inflation risks.
Goldman Sachs: $2700 gold in 2024 https://t.co/v9tYkYlJ3W
Goldman Sachs has reiterated its $2,700 per ounce target for gold 🥇 by the end of 2024. $GS also sees larger #inflation risks in the event of a Republican sweep in November. #Gold represents an important hedge asset for inflation, geopolitical, and fiscal risks. https://t.co/RrYN3vdGTt
Trump win, GOP sweep would fuel inflation: Moody’s Analytics https://t.co/sK3qNR0Lv3
Goldman Sachs Reveals Its Second Half 2024 Macro Outlook. #StockMarket https://t.co/nj2zWvtVHe
Gold can help hedge inflation risk of Republican sweep, says Goldman Sachs https://t.co/tplbZJLrlz
Goldman Sachs, $GS, is advising family office clients to use exotic put options as a hedge against election volatility, per Bloomberg.
#Goldman regards #GOLD as a decent hedge: https://t.co/QPz2wroHwn
Gold can help hedge inflation risks of Republican sweep: Goldman Sachs https://t.co/rLgPlSVlTW
Gold can help hedge inflation risks of Republican sweep, says Goldman Sachs https://t.co/isPgFEi0Md