The margin for further rise of gold seems to remain important, according to the Goldman Sachswhich points out that precious metal could move even higher than its already optimistic forecasts, citing the interest of private investors.
Specifically, the amazingly powerful inputs in mutual funds negotiating in gold -supported stocks have exceeded their previous model, said in a Goldman Sachs analysts, including Daan Struyven. The ability for private investors to be significantly differentiated in gold presents a ‘Great rise risk’ Compared to their prediction of $ 4,000 per ounce for the mid -2026 and $ 4,300 per ounce for the end of next year, according to Bloomberg.
The bank had stated a month ago that the price of gold could reach $ 5,000 per ounce if there is only 1% of the US private bond market.
Gold has increased by 12% since August 29, having exceeded the range of $ 3,200-3,450 per ounce, in which much of the second and third trimesters was located. One catalyst is that the central banks could re -speed gold markets after a seasonal summer break, analysts said, while speculative placement explains only a small part of the last rise.
Gold rods were one of the most important goods with the strongest performance lately, rising almost 50% this year and surpassing the record in 1980, which was adapted to inflation. The rise is due to the coordinated stock markets from central banks and the resumption of interest rate cuts by the US Federal Bank.