Goldman Sachs predicts gold aided by central bank buys
Goldman Sachs has forecasted that the price of gold will rise to $4,900 per ounce by the end of 2026, supported by central bank purchases and changing market expectations regarding U.S. interest rates. They indicated that artificial intelligence is driving an economic transformation that requires massive investments amounting to up to $7 trillion in infrastructure between 2026 and 2031, with continued funding flowing through stock markets, debt markets, and sovereign wealth funds. Additionally, the impact of artificial intelligence is expanding to include manufacturing, energy, and defense sectors, opening the door to an unprecedented wave of investment.
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