Goldman Sachs Poll Reveals Surging Expectations for $5,000 Gold in 2026

Source: ETHNews Original Title: Goldman Sachs Poll Reveals Surging Expectations for $5,000 Gold in 2026 Original Link: https://www.ethnews.com/goldman-sachs-poll-reveals-surging-expectations-for-5000-gold-in-2026/ Gold’s long-term bullish narrative is strengthening again as a new Goldman Sachs poll of 900 institutional investor clients shows growing conviction that the metal could reach $5,000 in 2026. The sentiment aligns with gold’s strong performance in 2025, which included fresh all-time highs and a steady recovery after a brief pullback.

Even with the wave of optimism reflected in the poll, Goldman Sachs’ internal outlook remains slightly more conservative. The bank’s baseline forecast targets $4,900 by the end of 2026, but analysts acknowledge that the market is being driven by powerful forces that could push prices further.

At the center of the rally is relentless central bank demand, with institutions worldwide continuing to expand their gold reserves and diversify away from the US dollar. Private investor appetite has also remained strong, reinforcing gold’s role as a preferred safe-haven during periods of macroeconomic uncertainty.

Despite a correction from its record high of $4,336 on October 30, gold has shown notable resilience. The metal rebounded to a two-week high on November 28 and is poised to secure a fourth straight monthly gain, underscoring steady buying interest even in the face of short-term volatility.

The broader financial landscape supports this momentum. Major institutions have issued similarly bullish projections, with several forecasting gold could indeed reach the $5,000 mark in 2026. That alignment between institutional sentiment and market behavior reflects a growing belief that structural demand, particularly from central banks, will keep reinforcing gold’s upward trajectory.

The survey ultimately reveals a market defined by conviction rather than speculation. With institutional investors positioning for higher prices and central banks continuing to accumulate, the foundation for gold’s next major move appears solid as 2026 approaches.