Goldman Sachs Sticks to $5,400/oz Year-End 2026 Gold Call as Market Structure Cleans Up
Goldman Sachs maintains a target of $5,400 per troy ounce for gold by the end of 2026. The bank’s analysts say an anticipated cycle of Federal Reserve rate reductions, a normalization of speculative positioning after heavy call-option buying, and a resumed pace of central bank purchases should together support the metal’s advance, even after a roug…