Gold prices may cross USD 4,000: Goldman Sachs' big rally forecast
Goldman Sachs has reaffirmed gold as its strongest long-term commodity bet, projecting prices to reach USD 4,000 by mid-2026 and USD 4,300 by December 2026. The surge is driven by rising ETF holdings, strong central bank purchases, and growing private demand. Analysts say gold is increasingly seen as a safe, stabilising investment amid global economic uncertainty.