Goldman raises gold forecast, says get long as hedge against 'bad inflation'

Traders on the floor of the NYSE, Jan. 24, 2022.
Source: NYSE

Goldman Sachs believes that the stage is set for gold to enjoy a big rebound as investors are poised to pile into the inflation-hedging safe haven this year.

More In Pro Insight

CNBC ProDisney, Deere, and Dell and are some of today's stocks: Pro Market Movers May 27
CNBC ProJPMorgan sees upside for bitcoin after recent washout
CNBC ProGoldman names its top tech giants to weather volatility — and gives one upside of nearly 140%