Goldman Sachs Sees Gold Rising Almost 20% in 2026

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Goldman Sachs projects a nearly 20% increase in gold prices by 2026, driven by potential market uncertainties and fiscal concerns. The outlook suggests that gold could perform exceptionally well in less favorable market conditions, indicating strong demand for the asset as a safe haven.

Market Impact

Market impact analysis based on bullish sentiment with 72% confidence.

Sentiment
Bullish
AI Confidence
72%

Article Context

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Daan Struyven, co-head of global commodities research at Goldman Sachs, discusses the outlook for gold prices in 2026. “You have significant upside in a base case,” Struyven tells Bloomberg Television. “In scenarios where markets may perform less well, perhaps concerns about the fiscal trajectory or concerns about questions about Fed independence, I think gold would do even better than in the already attractive base case.”

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Original article published by Bloomberg on November 26, 2025.
Analysis and insights provided by AnalystMarkets AI.