Goldman Sachs Projects Gold to Reach $4,900 by End of 2026

According to PANews, Goldman Sachs has maintained its forecast for gold prices to reach $4,900 per ounce by the end of 2026. The financial institution highlighted the increasing interest in gold as a strategic tool for portfolio diversification. Goldman Sachs believes that the risk of gold prices surpassing this target by the end of 2026 is rising. The bank anticipates that persistent and structural buying will continue to support this trend.