Goldman Sees Significant Upside To Their $4900 Gold Price Forecast

Goldman Sachs precious metals research team sees significant upside to our end-2026 $4,900 gold price forecast in a scenario where there’s additional investor diversification because current gold positioning remains low.

As Lina Thomas explains, Gold ETFs - the most common vehicle for gold exposure in the US - account for just 0.17% of private financial portfolios, defined as equities and bonds.