Goldman Sachs Boosts 2026 Gold Forecast to $4,900/Oz on Sticky Demand
Goldman Sachs has raised its projected December 2026 gold price to $4,900 per ounce, up from $4,300, citing robust inflows into Western gold-backed ETFs and continued central bank buying. The firm argues that ETF and central bank demand have become “sticky”—meaning they’re not just speculative spikes but persistent structural drivers pushing the baseline higher. Goldman…