Goldman Sachs maintains its target price forecast for gold to reach $4,900 by the end of next year.

Jinse Finance reported that Goldman Sachs maintains its target price for gold at $4,900 per ounce by the end of 2026. Goldman Sachs stated that due to the growing market interest in gold as a strategic portfolio diversification tool, they still believe that the risk of gold prices surpassing the $4,900 forecast target by the end of 2026 is increasing. They believe that persistent and structural buying will continue. (Golden Ten Data)