Goldman Sachs reiterates its 2026 forecast of $4,900 per ounce

ArmInfo. Since December of last year, when gold cost $2,700 per ounce, the price of the precious metal has risen 68%, or $1,800 per ounce. Goldman Sachs analysts are reiterating their 2026 forecast of $4,900 per ounce in 2026, citing sustained central bank purchases and potential interest rate cuts in the US.

Even amid volatility in other commodity markets, gold remains a key beneficiary of the changing global monetary and fiscal environment.

Meanwhile, American investor Jim Rogers predicts continued growth in gold and silver prices and is considering increasing his positions in these precious metals in 2026, according to RBC. "I think they [gold and silver] will rise. They recently reached new highs. "I'm not buying any more [precious metals] right now, but if prices go down, I hope I'll be smart enough to buy more," he said. He said he wants to hold precious metals "for the rest of my life" and then pass them on to his children.