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Goldman hikes December 2026 gold price forecast to $4,900/oz

Goldman Sachs raised on Monday its December 2026 gold price forecast to $4,900 per ounce from $4,300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. “We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small […]

Political jolts, US government shutdown casts cloud over markets

Goldman Sachs raised on Monday its December 2026 gold price forecast to $4,900 per ounce from $4,300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. “We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small […]

Gold set to become Australia’s second-biggest resource earner

Goldman Sachs raised on Monday its December 2026 gold price forecast to $4,900 per ounce from $4,300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. “We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small […]

Trading Day: Another whoosh in the ’everything rally’

Goldman Sachs raised on Monday its December 2026 gold price forecast to $4,900 per ounce from $4,300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying. “We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small […]

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