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Goldman Sachs Raises December 2026 Gold Price Expectation to $4900 per Ounce
Summary: According to reports from FXStreet, Goldman Sachs has raised its December 2026 gold price expectation from $4300 per ounce to $4900 per ounce. The reason for the increase includes strong inflows of Western ETF funds and expectations of continued gold purchases by central banks around the world. Goldman Sachs stated: 'We believe that even with ...
According to reports from FXStreet, Goldman Sachs has raised its December 2026 gold price expectation from $4300 per ounce to $4900 per ounce. The reason for the increase includes strong inflows of Western ETF funds and expectations of continued gold purchases by central banks around the world. Goldman Sachs stated: 'We believe that even with the raised gold price expectation, overall risks still lean towards the upside. This is because if the private sector diversifies assets into the relatively small gold market, it could drive ETF holdings above our estimated levels based on interest rate models.'
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Link: Goldman Sachs Raises December 2026 Gold Price Expectation to $4900 per Ounce [Copy]
