Goldman Sachs has significantly increased its price forecast for gold, now projecting the precious metal will reach $5,400 per ounce by the end of 2026. The new target is an upward revision from its previous forecast of $4,900 per ounce. The updated analysis comes as gold continues its impressive rally. On Wednesday, spot gold climbed to a peak of $4,887.82 per ounce. The safe-haven asset has already gained more than 11% in 2026, extending a powerful trend that saw it surge 64% last year. In a note published Wednesday, Goldman Sachs attributed the revised forecast to sustained demand from two key sources: ... (full story)