Gold Shatters $4,000 Barrier - Goldman Sachs Predicts $4,900 Surge Next Year

Gold just smashed through the $4,000 ceiling in a historic rally that's shaking traditional markets.

The Golden Run Continues

Goldman Sachs analysts project the precious metal could hit $4,900 within the next twelve months - a staggering 22.5% upside from current levels. The banking giant's forecast suggests the bull run has plenty of room left.

Safe Haven Frenzy

Institutional money continues pouring into gold as geopolitical tensions and currency debasement fears drive demand. Meanwhile, traditional finance institutions keep pretending they didn't call gold a 'barbarous relic' for decades.

The $4,900 target represents one of the most aggressive Wall Street predictions in recent memory. Whether gold delivers or not, one thing's certain - the shiny metal's making fiat currencies look downright pedestrian.

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The bank raised its gold 2026 price target to $4,900 from $4,300, citing strong ETF flows and demand from central banks. The new price target implies upside of 22.5% from current levels.

“We see the risks to our upgraded gold price forecast as still skewed to the upside on net, because private sector diversification into the relatively small gold market may boost ETF holdings above our rates-implied estimate,” Goldman said.

Bank of America Signals Caution for Gold

On the other hand, Bank of America points out that the precious metal could face “exhaustion” around the $4,000 price level.

For example, gold has risen for seven consecutive weeks. In this scenario, gold has historically traded lower 11 of 11 times four weeks later and 10 of 11 times five weeks later. In addition, gold’s 14-day relative strength index (RSI) has remained in overbought territory for a month.