Gold Surges: Goldman Predicts $4,000

Goldman Sachs Predicts Gold Price Surge to $4,000 by Mid-2026

• Gold is currently priced at $3,310.74 per troy ounce.
• Daan Struyven, co-head of global commodities research at Goldman Sachs, predicts gold will reach $4,000 by mid-2026.
• Struyven highlights the limited supply of both gold and Bitcoin as attractive for investors concerned about inflation.
• Bitcoin has shown higher returns than gold but is more volatile and correlated with tech equities.
• Gold is considered a more effective safe-haven asset compared to Bitcoin for hedging against equity downside.

Daan Struyven from Goldman Sachs forecasts that gold will rise to $4,000 per troy ounce by mid-2026 due to its limited supply and effectiveness as a hedge against equity risks. Currently, gold is priced at $3,310.74 per troy ounce.