Gold’s 2026 Forecast Just Got a Major Upgrade: Goldman Sachs Now Sees $5,400 on the Horizon
Goldman Sachs flips the script on traditional asset projections.
The New Gold Standard
Forget the old playbook. The latest analysis from Wall Street's top tier isn't just an adjustment—it's a complete recalibration of value. The target? A staggering $5,400 per ounce. That number isn't plucked from thin air; it's a calculated bet on a perfect storm of macroeconomic shifts, where traditional hedges get a second wind.
Why the Sudden Surge?
Central bank policies, geopolitical friction, and a creeping distrust in fiat currencies are converging. It's the classic flight-to-safety narrative, but supercharged. Institutional money is moving, seeking a tangible anchor in increasingly digital and volatile markets. The message is clear: when the financial system gets queasy, the old guard still has its shine.
The Digital Contrarian View
Here's the cynical jab for the finance crowd: while gold gets its glow-up, remember this is the same institution that likely once called it a 'barbarous relic.' Funny how multi-thousand-dollar price targets suddenly make antiquity fashionable again. It's almost as if the narrative shifts to where the fees are flowing.
The race for real, enduring value is on. And for now, the big money is betting on a metal that's been around for millennia, not megabytes.
Goldman Sachs Predicts Gold To Hit $5400 By Year End: Details
As per the latest report by Reuters, Goldman Sachs has updated their gold price forecast for 2026. The firm is now betting on the yellow metal to trade around $5400 by the end of the year. The banking firm was quick to attribute the diversification factor as the major theme for gold’s rapid rise.
In addition to this, per a new post by the Kobeissi letter, global banks’ quest to purchase gold seems to not stop anytime soon. The KL post shared how global banks have accumulated nearly +45 tonnes of gold in November 2025 alone, staying loyal to the safe haven asset trajectory.
Central bank official gold purchases remain robust:
Global central banks bought +45 tonnes of gold in November, the 2nd-strongest month in 2025.
This marks the 2nd month of the year with purchases above 40 tonnes.
In the first 11 months of the year, central banks acquired 297… pic.twitter.com/RUAxM8mu9N
Short-Term Targets for Gold
According to Rashad Hajiyev, a leading gold expert, the gold price forecast for 2026 continues to circle around $5K. Hajiyev has further shared an ambitious price mark for the asset, adding how it may end up hitting $8K as well if geopolitical conditions continue to deteriorate.
Gold vs Silver Cup & Handle Formation breakout…
Gold broke out from its 13-year cup & handle formation in March 2024, which resulted in 115% gain in less than 2 years. Furthermore, gold has a long way to go and likely to reach $8k by the end of the 2026.
If gold more than… pic.twitter.com/PrNSOE6Sic
