Goldman Sachs increases its forecast for gold prices in December 2026 to $4,900
2025-10-07 01:11:19
Goldman Sachs has raised its December 2026 gold price forecast from $4,300 an ounce to $4,900, citing strong inflows into western ETFs and expectations of continued bullion holdings by central banks. "We believe the overall risk to the higher gold price outlook remains skewed to the upside, as private sector diversification into the relatively small gold market could push ETF holdings above our estimates based on interest rate models," Goldman said.
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