Goldman Sachs raises 2026-end gold price forecast to $5,400/oz

Core Viewpoint - Goldman Sachs has increased its end-2026 gold price forecast to $5,400 per ounce from a previous estimate of $4,900 per ounce, highlighting a trend of diversification into gold by private-sector and emerging market central banks [1] Group 1 - The revised gold price forecast reflects a significant increase of $500 per ounce [1] - The shift in central banks' strategy indicates a growing interest in gold as a diversification asset [1] - Emerging market central banks are playing a crucial role in this trend towards gold investment [1]