[Goldman Sachs: Gold Bull Market Is Just 'Paused,' $4,000 Is a Solid Floor] BlockBeats News, September 9 — Anthony Kim, Global Head of Metals Trading at Goldman Sachs, stated that the seven-month-long correction in gold prices since February this year does not signify the end of the bull market but is merely an 'extended pause.' He pointed out that uncertainty surrounding the policy stance of the new Federal Reserve Chair, Walsh, as well as disruptions in the energy market caused by the Iran conflict affecting capital flows, have exerted temporary pressure on gold prices. However, Goldman Sachs remains bullish and believes that the $4,000 level is supported by sovereign buyers and institutional funds, serving as a 'very solid floor.' Anthony Kim suggested that if gold prices approach $4,000 due to data fluctuations ahead of the Federal Reserve's September decision, investors could gradually build long positions. Goldman Sachs previously forecasted that, driven by factors such as continued gold purchases by central banks, gold prices are likely to rise to $4,900 per ounce by the end of 2026. [Original Link]