Goldman Sachs analysts estimate that the price of gold could reach nearly 5,000 dollars an ounce if the independence of the Federal Reserve is affected.

Goldman Sachs analyzed the impact of a possible loss of independence of the Federal Reserve on the price of gold, suggesting that a small redirection of funds from bonds into gold could raise the price to nearly $5,000 an ounce. The price of gold has risen significantly this year, reaching a historic high, driven by central bank purchases and speculation regarding a reduction in the Fed's benchmark interest rate. ECB President Christine Lagarde warned about the risks associated with undermining the Fed's independence.