Gold crossed $2,000 in January 2026, and Goldman Sachs raised its December 2026 price target to $2,500. The call is driven by central bank buying averaging about 1,037 tonnes annually, far above the pre-2022 average of 17 tonnes. The update is supportive for gold sentiment and reflects a structurally stronger demand backdrop.
Gold crossed $2,000 in January 2026, and Goldman Sachs raised its December 2026 price target to $2,500. The call is driven by central bank buying averaging about 1,037 tonnes annually, far above the pre-2022 average of 17 tonnes. The update is supportive for gold sentiment and reflects a structurally stronger demand backdrop.
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moderately positive
Sentiment Score
0.55
Ticker Sentiment
