Sunday, August 16, 2026

Wall Street was once uber bullish on gold. Now it’s changing its tune

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The June Fed meeting set a hawkish tone. Now, several Wall Street firms don’t believe gold will live up to their bullish targets.

Wall Street was once uber bullish on gold. Now it's changing its tune

Wall Street firms are adjusting their views on gold downward after the unexpectedly hawkish tone of the new Federal Reserve Chairman Kevin Warsh.

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