Lates News

Goldman Sachs believes that the sharp two-way price volatility of silver may continue to exist, while also emphasizing that there is still significant upside risk to their expectation of gold prices reaching $5400 by the end of the year. The bank has slightly lowered its expectation for the global surplus supply of the aluminum market in 2026 from 1.1 million tons to 800,000 tons, and maintains its expectation of a surplus of 1.6 million tons in 2027; at the same time, it has increased its expectation for the surplus supply in 2028 from 1.25 million tons to 2.3 million tons. In terms of prices, Goldman Sachs has raised its forecast for aluminum prices in the fourth quarter of 2026 from $2350 per ton to $2500 per ton, while maintaining its prediction of an average price of $2400 per ton in 2027.