Goldman Sachs Reaffirms 2026 Gold Price Outlook of $4900

By: theblockbeats.news|2025/12/19 16:46:10
0
Share
copy

BlockBeats News, December 19, Goldman Sachs stated in its latest 2025-2026 Commodity Outlook report that 2026 will be the last year of global oil supply volatility. The market is expected to see Brent crude oil prices average $56 per barrel in 2026, hitting a mid-year low due to a daily oversupply of 2 million barrels.

Furthermore, Goldman Sachs reiterated its bullish forecast for the gold price in 2026, projecting it to reach $4900. They believe that global central bank gold purchases and Fed rate cuts will serve as dual drivers for the price increase. The analysis indicates that geopolitical risks and economic uncertainty are prompting emerging market central banks to accelerate their gold reserves, while potential entry of private investors may further boost the gold price. Goldman Sachs expects global central banks to maintain a monthly gold purchase volume of around 70 tons in 2026. Additionally, for every 1 basis point increase in private investors' allocation, the gold price is projected to rise by about 1.4%.

-- Price

--

You may also like

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Ben Horowitz, co-founder of a16z, delivered a powerful talk: The two traditional moats of software in the AI era have been erased, and entrepreneurs must seek "new barriers" beyond code and UI.

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

After MSTR's financial report showed continued net losses, Saylor changed his stance: Bitcoin is no longer "never to be sold" and can be used as a payment tool.

The toll station at Hormuz and the RMB that cannot be bought

The disorder of the US dollar is giving rise to a new situation in global settlement: gold is being redefined as a "bridge," the CIPS system is expanding rapidly, and global funds are quietly opening up a new channel for the renminbi, which is "hard to obtain."

Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point

Coinbase executives provide an in-depth analysis: Unfazed by short-term market panic, institutions are accelerating their entry, and tokenization along with the "exchange of everything" is about to completely reconstruct the global financial infrastructure.

Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun

Agora strikes: officially applies for a federal trust bank license in the United States, elevating from a stablecoin issuer to "underlying financial infrastructure," targeting the trillion-dollar enterprise payment and B2B settlement market.

Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations

Overview of Important Market Events on May 5th

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com