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Goldman Sachs has crucial message for gold investors in 2026
Goldman’s nowcast of monthly central bank gold purchases for March 2026 was revised upward to approximately 50 tonnes per month, from a prior estimate of approximately 29 tonnes, according to Exchange Rates UK. That is an upward revision of more than 72%, driven not by new buying activity but by the identification of a structural gap in the bank’s data sourcing. Goldman determined that since August 2025, UK trade data had been systematically failing to capture gold leaving London’s vault network, meaning the bank’s model had been undercounting sovereign purchases for roughly eight months. “We are updating ... (full story)
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- May 20, 2026 1:42am Posted byFundamental Analysis210
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