Goldman Sachs sees ‘significant upside' to its 2026 gold price target of $4,900/oz

Core Insights - Goldman Sachs projects gold prices to exceed $4,900 by 2026, indicating a significant bullish outlook on the precious metal market [1][2]. Group 1 - Goldman Sachs has set a target price for gold at over $4,900, reflecting a strong belief in the upward trend of gold prices in the coming years [1][2]. - The forecast suggests a potential increase in demand for gold, which may be driven by various economic factors and market conditions [1][2].