Gold hits biggest monthly drop since 2008 but Goldman Sachs stays bullish on $5,400 target by 2026.

Gold prices fell 14% this month, marking their steepest monthly decline since 2008, pressured by a stronger dollar and reduced expectations of U.S. rate cuts. Despite this, Goldman Sachs remains optimistic, forecasting gold to reach $5,400 an ounce by the end of 2026 due to ongoing central bank purchases and anticipated rate cuts. Meanwhile, General Motors is extending downtime at its EV Factory ZERO until April 2026 amid slowing U.S. EV demand, and Netflix aims to expand its NFL game coverage beyond its current Christmas Day deal. Stock futures rose on geopolitical easing, with key earnings and investor events upcoming for major companies like Hershey, Coca-Cola, Royal Gold, and Nike.