Goldman Sachs Bullishly Anticipates ‘Significant Upside’ to Its Gold Price Target for 2026.

In an unprecedented prediction, investment banking giant Goldman Sachs anticipates ‘significant upside’ beyond its target price for gold at $4,900 per ounce by 2026. This escalates the bullish tone in the precious metal market, propelling investors’ confidence. The firm remains positive towards gold’s performance over the medium-term given the low rate environment, global economic growth, and inflation. Goldman Sachs’ high conviction on the yellow metal validates its role as an effective hedge against economic uncertainty. Such raucous optimism is seldom heard in the market, leaving investors to weigh the validity of this bullish forecast. The firm’s audacious outlook is one to watch closely in the years ahead. Read More