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Goldman Sachs continues to see upside potential to its forecast for gold price to reach $4,900 an ounce by the end of 2026, although it expects price swings to remain high, the bank said in a note on Friday.Goldman's fair-value forecast of $4,900/oz by end-2026 assumes central banks continue buying…
VANCOUVER, BC, Sept. 3, 2026 // -- American News Group News Commentary - Gold has spent 2026 doing things it has never done before. It crossed US$5,000 an ounce for the first time in January and touched an intraday record above US$5,500 before retreating below US$4,000 by late June, and i…
Gold prices have stumbled over the past four months, but Goldman Sachs believes the pullback is unlikely to mark the end of the precious metal’s rally, a view that could reignite interest in gold-backed ETFs if the investment bank’s forecast plays out. Citing a note released Sunday, Yahoo Finance reported that Goldman
Economist Mohamed El-Erian says renewed central bank buying could lift gold out of its recent slump