With gold closing in on $5,000, Goldman Sachs again boost target as it highlights new source of demand

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Goldman Sachs has raised its gold price target, citing central banks and private sector buyers as key drivers for the expected rise in 2026, with gold nearing $5,000.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Goldman Sachs identifies central banks and private sector buyers as the chief vectors behind gold’s expected rise in 2026.

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Original article published by MarketWatch on January 22, 2026.
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