Posted inEconomy

Goldman Sachs Lifts Gold Forecast to $4,900 on Strong ETF Inflows, Central Bank Buying

By Tom Ozimek Goldman Sachs raised its December 2026 gold price forecast by $600 to $4,900 per ounce, citing surging exchange-traded fund (ETF) inflows in Western markets and sustained accumulation of the yellow metal by central banks. The investment bank’s latest gold price prediction, made in an Oct. 7 client note, marks a significant upgrade […]