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Goldman Sachs has reiterated its bullish outlook for gold, maintaining a projection of $5,400 per troy ounce by the end of 2026.
Goldman Sachs maintains a $5,400 per ounce gold price forecast by end of 2026.
KEY POINTS
- Central bank gold purchases are estimated to average 60 tonnes per month in 2026.
- Survey data shows 70% of central banks expect global gold reserves to rise next year.
- Gold futures market positioning remains moderate, indicating room for further inflows.
COMPANIES
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