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TechFlow, Oct 23 — Goldman Sachs maintains its target price of $4,900 per ounce for gold by the end of 2026. Goldman stated that due to growing market interest in gold as a strategic portfolio diversification tool, we still believe the risk of gold prices exceeding our forecast target of $4,900 by the end of 2026 is rising. We expect persistent and structural buying demand to continue. (Jinshi)
Goldman Sachs maintains its target price for gold to reach $4,900 per ounce by the end of 2026. Goldman Sachs stated that due to growing market interest in gold as a strategic portfolio diversification tool, we still believe the risk of gold prices surpassing our forecast target of $4,900 by the end of 2026 is rising. We expect persistent and structural buying to continue. (Kitco)
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