Goldman Sachs Research Department: Gold prices are expected to reach $4900 per ounce by the end of 2026

Goldman Sachs Research expects the diversification of central bank foreign exchange reserves to support gold prices, which are expected to reach $4900 per ounce by the end of 2026. Goldman Sachs research analysts Lena Thomas and Dan Struvin said that gold will continue to rise in the second half of 2026, and derivative hedging mechanisms will exacerbate the two-way volatility of gold prices.