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Goldman Sachs Maintains $4,900 Gold Target for End-2026… Sees Net Upside Risk

Goldman Sachs said there is net upside risk to its fair value forecast of $4,900 per ounce for gold at the end of 2026, while warning that the metal’s path will face greater two-way volatility. The bank explained that this target assumes continued strong gold purchases by central banks. The forecast was reaffirmed without any change to the figures.

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