Goldman Sachs Bombshell: Gold Price to Hit $5,400 by December 2026

• Goldman Sachs has raised its gold price forecast to $5,400 per ounce by December 2026, up from its previous estimate of $4,900.
• The revised forecast is driven by increased private sector investments, continued gold purchases by emerging market central banks, and potential support from ETFs due to expected US Federal Reserve interest rate cuts.
• Spot gold prices recently hit a record high of $4,887.82 per ounce, with an 11% increase since early 2026, following a 64% rally last year.
• Private investors are using gold as a hedge against global policy risks, and central banks are diversifying reserves towards bullion, with an estimated 60 tons of gold purchases in 2026.
• In India, if international prices reach $5,400, gold prices could proportionally rise from 1,54,310 rupees to approximately 1,72,500 rupees, though actual prices may vary.

Why It Matters: Goldman Sachs predicts gold will reach $5,400/ounce by Dec 2026, driven by strong demand and Fed rate cuts.