Goldman Sachs Predicts Gold Price Surge by Year-End

According to Odaily, Goldman Sachs has reiterated its structural bullish outlook on gold, forecasting a price of $3,700 per ounce by the end of the year and $4,000 by mid-2026. The financial institution suggests that if an economic recession occurs, accelerated inflows into ETFs could drive gold prices to $3,880 by year-end.