Gold is again falling sharply, with the stock market. Why it's not behaving the way it used to during a crisis.

Goldman Sachs retains a $5,400 year-end target for gold, citing the metal's inflation-fighting and safe-haven characteristics. The note represents a continued bullish stance driven by inflation and risk-off demand, but is a reaffirmation rather than a change in guidance.

Analysis

Goldman Sachs retains a $5,400 year-end target for gold, citing the metal's inflation-fighting and safe-haven characteristics. The note represents a continued bullish stance driven by inflation and risk-off demand, but is a reaffirmation rather than a change in guidance.