Goldman Sachs remains bullish on gold and reiterated its target of $5,400 per ounce by the end of 2026. Goldman Sachs expects central bank gold purchases to increase, reaching an average of 60 tons per month by 2026. Goldman Sachs also stated that it

2026-05-16

Goldman Sachs remains bullish on gold and reiterated its target of $5,400 per ounce by the end of 2026. Goldman Sachs expects central bank gold purchases to increase, reaching an average of 60 tons per month by 2026. Goldman Sachs also stated that its updated 12-month moving average forecast shows central bank gold purchases at 50 tons per month in March, compared to its previous forecast of 29 tons per month.