500 dollars at once.. “Goldman Sachs” raises its expectations for the price of gold in 2026
Goldman Sachs raised its forecast for Gold at the end of 2026 to $5,400 per ounce from $4,900 per ounce previously, representing an increase of about $500, indicating that central banks in the private sector and emerging markets are diversifying their investments in gold.
And it rose The price of gold reached a historic peak of $4,887.82 per ounce yesterday, Wednesday, bringing the yellow metal’s gains since the beginning of the year to more than 11%, continuing a strong rise that saw it rise by 64% last year.
The bank said in a note published on Wednesday: "Our expectation is that private diversification buyers, who bought a hedge against global policy risks and contributed to the positive surprise to our price forecast, will not divest their gold holdings in 2026, which will effectively raise the starting point of our price forecast.".
It is expected "Goldman Sachs" Also, the average purchases of central banks of gold will reach 60 tons in 2026, as central banks in emerging markets are likely to continue diversifying their reserves of the precious metal.
Last week, the Central Bank of… "Commerzbank" The German expects gold prices to reach $4,900 per ounce by the end of this year, attributing this to the increasing demand for it as a safe haven.
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