Goldman Sachs quietly revamps gold price target for 2026

Goldman Sachs typically doesn’t make bold calls lightly, but its latest gold price target forecast should make investors stop and take notice. The bank is now expecting gold prices to jump to roughly $4,900 per ounce by the end of 2026, carrying on a historic run. For perspective, that represents a 13% increase with spot gold prices trading at $4,323.71 per ounce at about 3 a.m. EST on Friday, Dec. 19. Goldman points to a fundamental shift that’s driving the global economy. It argues that central bank ...