fintech / news / / The Financial Express
Goldman Sachs said its base case for gold reaching $5,400 per troy ounce by the end of 2026 rested on three factors.
Goldman Sachs forecasts gold reaching $5,400 per troy ounce by end of 2026.
KEY POINTS
- Central banks are projected to purchase an average of 60 tonnes of gold per month in 2026.
- Nearly 70% of surveyed central banks expect gold reserves and prices to increase over the next year.
- Investor futures positioning in gold remains moderate, leaving room for additional buying.
- Near-term risks include potential liquidation if market volatility or geopolitical disruptions intensify.
COMPANIES
Summarized by Newsio from The Financial Express. How we summarize →