Goldman lifts gold forecast to $5,400/oz on strong demand
NEW YORK CITY, New York: Growing demand for gold as a hedge against policy and geopolitical risks has prompted a more bullish outlook from major banks, as prices extend a historic rally.
Goldman Sachs said it has raised its forecast for gold prices at the end of 2026 to US$5,400 per ounce, up from a previous estimate of US$ 4,900. The bank cited continued diversification into