Goldman Sachs now sees $4,900 gold by Q2 2026 on rising ETF and steady central bank demand

(Kitco News) – Goldman Sachs has raised its December 2026 gold price forecast from $4,300 to $4,900 per ounce, according to a research note published on Monday.The investment bank expects the added gains will be driven by strong Western exchange-traded fund (ETF) inflows and sustained central bank buying.