22 Jan 2026 | 5 Mins Read

Goldman Sachs lifts 2026 gold price target to $5,400 an ounce

Flipitmoney

Goldman Sachs raised its 2026 gold price forecast to $5,400 per ounce, up from $4,900, attributing it to private investors and emerging market central banks continuing to diversify into gold. It predicts a 60-tonne average annual gold purchase from central banks and rising ETF holdings as the US Federal Reserve is expected to cut rates by 50 basis points.