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Goldman raises December 2026 gold price forecast to US$4,900
The Straits Times
|October 08, 2025
Goldman Sachs on Oct 6 raised its December 2026 gold price forecast to US$4,900 per ounce from US$4,300, citing strong Western exchange-traded fund (ETF) inflows and likely central bank buying.
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"We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small gold market may boost ETF holdings above our rates-implied estimate," Goldman said.
Spot gold was trading around US$3,960 per ounce as at 0130 GMT (9.30am Singapore time) on Oct 7, after hitting a fresh high of US$3,977.19 earlier in the day.
Denne historien er fra October 08, 2025-utgaven av The Straits Times.
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