Goldman Sachs Maintains $4,900 Gold Price Forecast for End of 2026, Upside Risks Predominate

Goldman Sachs continues to believe that the gold price will reach $4,900 per ounce by the end of 2026, facing net upside risks, but the bidirectional fluctuations along the path will increase. Goldman Sachs' forecast assumes that demand from central banks remains strong. If ETF investor inflows recover and the currently high bullish options positions are sustained, dealers' hedging could mechanically amplify the upward momentum, pushing gold prices far beyond their forecast. Additionally, if expectations for Federal Reserve interest rate hikes resurface, it could trigger dealers to close their hedges, leading to a more severe correction in gold prices than usual.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.