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Goldman Sachs Reaffirms $5,400 Gold Target for End of 2026, Forecasts 60-Ton Monthly Central Bank Purchases

GateNews

2026-05-16 00:40:29

According to Goldman Sachs, the bank reaffirmed its gold price target of $5,400 per ounce by the end of 2026, today (May 16). Goldman Sachs expects central bank gold purchases to increase, averaging 60 tons per month by 2026. The bank also noted that its updated 12-month moving average forecast shows central bank gold purchases at 50 tons per month in March, up from its prior forecast of 29 tons per month.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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