19/08/2026
Goldman Sachs has lowered its gold forecast. But the real story isn’t the downgrade.
Even after stripping away some of the more optimistic assumptions behind its earlier prediction, the global investment bank still sees gold reaching US$4,900 an ounce by the end of 2026.
So, what does that tell us about where gold could be heading — and could the recent pullback be presenting a buying opportunity?
Tony Coleman, Managing Director of New Zealand Gold Merchants, shares his perspective on why this revised forecast may actually be more significant than the headline suggests.
Read the full article: https://gogold.co.nz/goldman-sachs-gold-price-forecast-4900-2026/
Goldman Sachs has reset its end-of-2026 gold forecast to US$4,900. See why the lower target may still signal strong conviction in gold’s outlook.