Goldman Sachs maintains its target price forecast for gold to reach $4,900 by the end of next year.
Jinse Finance reported that Goldman Sachs maintains its target price for gold at $4,900 per ounce by the end of 2026. Goldman Sachs stated that due to the growing market interest in gold as a strategic portfolio diversification tool, they still believe that the risk of gold prices surpassing the $4,900 forecast target by the end of 2026 is increasing. They believe that persistent and structural buying will continue. (Golden Ten Data)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ASBIS posts August revenue up 91% to USD 604 million, sets monthly record
The new Roadster, postponed for nine years, finally has a release date! Morningstar maintains Tesla (TSLA.US) target price at $450: Supercars are not the valuation logic, FSD, Robotaxi, and Optimus are.
Tesla has officially announced that the new generation Roadster will be unveiled on October 1. However, institutions generally believe that this is primarily a branding campaign and will have minimal impact on the company's valuation.
Market Chatter: Paramount, California Settlement Talks Include Penalty for Missing 30-Film Pledge
Intesa Sanpaolo hosts Italian Equity Champions investor conference in New York
