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Gold Is Forecast To Rise 6 By The Middle Of 2026 Goldman Sachs

Bonisiwe Shabane
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gold is forecast to rise 6 by the middle of 2026 goldman sachs

The price of gold is forecast by Goldman Sachs Research to rise 6% through the middle of 2026 (as of September 24), underpinned by fresh demand from key groups of buyers who have contributed... The precious metal has risen more than 40% in 2025 and is on pace for its third-straight year of double-digits gains. The gold price is predicted to rise to $4,000 per troy ounce by the middle of next year (up from $3,772 on September 24), Goldman Sachs Research analyst Lina Thomas writes in the team’s... Their gold price forecast is driven by strong structural demand from central banks and easing from the US Federal Reserve (which supports ETF demand for gold). Buyers of gold fall into two broad groups, according to Goldman Sachs Research. Conviction buyers tend to purchase the yellow metal consistently, regardless of the price, and based on their view on the economy or to hedge risk.

These include central banks, exchange-traded funds, and speculators. Their thesis-driven flows set the price direction. As a rule of thumb, every 100 tonnes of net purchases by these conviction holders corresponds to a 1.7% rise in the gold price. By contrast, opportunistic buyers such as households in emerging markets step in when they believe the price is right. They may provide a floor under prices on the way down and resistance on the way up. Ernest Hoffman is a Crypto and Market Reporter for Kitco News.

He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news... He has a Bachelor's degree Specialization in Journalism from Concordia University. You can reach Ernest at 1-514-670-1339. Gold entered 2026 at levels few institutions believed possible just two years earlier. An extraordinary 2025 rally driven by aggressive central-bank buying, persistent geopolitical tension, and expectations of monetary easing pushed prices to all-time highs above $4,300 per ounce and forced banks to rewrite their outlooks.

This article consolidates the most authoritative projections from major banks and respected analysts, along with the relevant forward-looking forecasts from earlier institutional research, so you can track how projections have changed over time. The chart below shows real-time gold spot prices tracked by Lear Capital and updated throughout the trading day. Before gold accelerated far beyond expectations, several institutions issued more conservative targets. Some of these remain useful as reference points that illustrate how sharply sentiment has changed. These earlier forecasts now read like the first chapter in a much larger price repricing. By the end of 2025, gold had sailed past $4,000, prompting an industry-wide reset of forward expectations.

JAKARTA - Gold prices are expected to surpass US$4,000 per troy ounce by mid-2026, according to research by Goldman Sachs. The rise, Goldman Sachs notes, is being driven by renewed demand from key buyer groups, including central banks and institutional investors, who have played a major role in pushing gold to record highs. Throughout 2025, gold prices have already surged by over 40%, with the potential to post double-digit gains for the third consecutive year. In research released on Tuesday (20 September), Goldman Sachs forecast a 6% increase in gold prices by mid-2026, from US$3,772 as of 24 September. Goldman Sachs analyst Lina Thomas explained that the projection is supported by two main factors: strong structural demand from central banks and the Federal Reserve’s monetary easing policies, which have boosted gold’s appeal via... (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.)

Download The Economic Times News App to get Daily International News Updates. (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. As per the recent report by the globally renowned investment bank and financial services firm, Goldman Sachs anticipates the price of gold is set to rise by an impressive 6% by the middle of... This projection represents a significant increase, and suggests bright prospects for investors in the gold market. Goldman Sachs’s analyses are often grounded in detailed market surveys and extensive economic foresights.

Their predictions are not just speculative, but based on tangible and metric driven data. This projection is based on a meticulously calculated assessment of global market trends, economic outlook, and in-depth analysis of past behaviours of gold prices. Investors worldwide are watching the gold market very keenly. Given the volatile nature of the global economy, due to political uncertainties, pandemic aftermath, and inflation situations, more and more investors are looking at gold as a safe haven. This forthcoming rise doesn’t come without challenges. However, with a potential 6% rise, those already invested in gold have a reason to rejoice, and those considering joining the gold market have an encouraging forecast.

Experts also suggest that investing in gold usually serves as a good hedge during inflationary periods, making it a valuable part of any diversified investment portfolio. Read More Your email address will not be published. Required fields are marked * NEW YORK (October 7) Goldman Sachs has raised its December 2026 gold price forecast from $4,300 to $4,900 per ounce, according to a research note published on Monday. The investment bank expects the added gains will be driven by strong Western exchange-traded fund (ETF) inflows and sustained central bank buying.

“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... The bank expects Western ETF holdings to rise as the Federal Reserve lowers the funds rate by 100 basis points by Q2 2026, they said. Goldman also projects central bank buying will average 80 tonnes in 2025 and 70 tonnes in 2026, and said emerging market central banks are likely to continue to diversify their reserves away from the... dollar and into gold. Spot gold is up 52% year-to-date on the back of strong central bank buying, increased demand for gold-backed ETFs, a weaker dollar and growing interest from retail investors looking to hedge against trade and...

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The Price Of Gold Is Forecast By Goldman Sachs Research

The price of gold is forecast by Goldman Sachs Research to rise 6% through the middle of 2026 (as of September 24), underpinned by fresh demand from key groups of buyers who have contributed... The precious metal has risen more than 40% in 2025 and is on pace for its third-straight year of double-digits gains. The gold price is predicted to rise to $4,000 per troy ounce by the middle of next year ...

These Include Central Banks, Exchange-traded Funds, And Speculators. Their Thesis-driven

These include central banks, exchange-traded funds, and speculators. Their thesis-driven flows set the price direction. As a rule of thumb, every 100 tonnes of net purchases by these conviction holders corresponds to a 1.7% rise in the gold price. By contrast, opportunistic buyers such as households in emerging markets step in when they believe the price is right. They may provide a floor under pr...

He Has Over 15 Years Of Experience As A Writer,

He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news... He has a Bachelor's degree Specialization in Journa...

This Article Consolidates The Most Authoritative Projections From Major Banks

This article consolidates the most authoritative projections from major banks and respected analysts, along with the relevant forward-looking forecasts from earlier institutional research, so you can track how projections have changed over time. The chart below shows real-time gold spot prices tracked by Lear Capital and updated throughout the trading day. Before gold accelerated far beyond expect...

JAKARTA - Gold Prices Are Expected To Surpass US$4,000 Per

JAKARTA - Gold prices are expected to surpass US$4,000 per troy ounce by mid-2026, according to research by Goldman Sachs. The rise, Goldman Sachs notes, is being driven by renewed demand from key buyer groups, including central banks and institutional investors, who have played a major role in pushing gold to record highs. Throughout 2025, gold prices have already surged by over 40%, with the pot...