🌟 Goldman Sachs Turns Bullish on Gold — $4,900/oz by 2026! 🌟
Here’s why they’re optimistic:
1️⃣ Central Banks Accumulating Gold
Following the 2022 freeze of Russia’s foreign assets, many emerging-market central banks are shifting toward gold as a safe reserve asset. Goldman expects this trend to continue, projecting ~70 metric tons of buying in 2026.
2️⃣ Fed Rate Cuts Support Gold
The U.S. Federal Reserve is likely to lower rates by 75–100 bps by mid-2026, reducing real yields and making gold more attractive. This could also boost ETF inflows significantly.
💹 Market Context & Risks:
Gold has already surged 40% in 2025, with further upside possible. Risks include sharper stock market declines forcing sales, or smaller-than-expected Fed cuts.
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