Goldman Sachs Upgrades Gold Forecast to $4000 by 2026

Goldman Sachs has significantly increased its gold price target for 2026, reaching $4000. This bold prediction is driven by robust central bank buying activities and anticipates a rise in recessionary risk. The firm’s analysis highlights potential market shifts, influencing investment decisions across traditional and digital asset classes. Analysts at Goldman Sachs believe that rising concerns about the global economy are driving increased demand for gold as a hedge against economic uncertainty.