Another news story that had been fueling uncertainty about the U.S. economy, weakness in the dollar, and strong demand for gold in January was the prospect of another U.S. government shutdown — although gold briefly retreated below the $5,000 mark after Congress reached a last-minute deal to keep the government funded. Seven of the eight “bulge bracket” banks — a grouping of the most dominant banks with U.S. operations, consisting of Deutsche Bank, Morgan Stanley, UBS, Goldman Sachs, J.P. Morgan Chase, Citi, Bank of America and Barclays — have recently updated their gold price forecasts for the end of 2026. Gold ETFs: Gold ETFs hold bullion on behalf of their shareholders, which makes them similar in principle to buying and storing bullion through one of the brokers above (although the expense ratios on gold ETFs are often lower than the storage fees from brokers listed above, and you can invest smaller amounts of money).
Author: Sam Taube
Published at: 2026-02-09 22:02:58
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