Subscribe wherever you get podcastsDownload Transcript As markets  – and the Fed – continue to grapple with tariffs, where is the opportunity for investors? Anshul Sehgal, Global Co-Head of Fixed Income, Currency and Commodities in Goldman Sachs Global Banking & Markets, discusses with Chris Hussey on the Goldman Sachs trading floor.

Europe’s major currencies strengthened significantly against the dollar in early 2025 as a worsening US economic outlook caused portfolio investments to diversify towards Europe and the UK relative to the US.  “We think dollar weakness is likely to extend — in large part because US policy shifts, including tariffs, have raised uncertainty and are likely to weigh on US economic growth, corporate earnings, and consumer sentiment,” says Kamakshya Trivedi, head...

The price of gold has surged more than 40% since the start of January 2024, repeatedly shattering records. Goldman Sachs Research forecasts the rally in gold will continue amid demand from central banks. The price of the precious metal is predicted to climb a further 8% to $3,100 a troy ounce by the end of 2025, analyst Lina Thomas writes in the team’s report. (The team’s previous projection...