Well, you know Goldman's already positioned and had their "big money" clients positioned before they told the world of their new-found revelation. Ha-ha.
Goldman raises 12-month gold price forecast to highest since 2013
Gold will climb to $1,425/oz. over the next 12 months, a level not seen in more than five years, the Goldman Sachs analyst team predicts in joining an increasing number of bullish takes on the yellow metal.
"With the Fed on pause and increased policy uncertainty, we raise our gold forecasts to $1,325, $1,375 and $1,425/oz. over three, six and 12 months from $1,250, $1,300 and $1,350," Goldman writes.