Goldman Sachs Predicts Potential 50% Surge in Gold Prices by 2026 - Reasons Explained
In the world of finance, predictions for the future are always a topic of interest. One such prediction that has caught the attention of many is Goldman Sachs' forecast for gold prices in 2026.
According to Goldman Sachs, the price of gold per ounce is expected to rise significantly, with a predicted range of around USD 4000 (approximately Rs 1,25,000 per 10g) by mid-2026. This forecast is influenced by multiple factors, including economic and geopolitical risks.
However, it's important to note that these predictions do not account for any potential interventions by the US Federal Reserve. Goldman Sachs has also suggested that if economic and geopolitical risks were to increase further, the gold prices could range between USD 4500 and USD 5000 per ounce in 2026, potentially leading to a 50% rally in gold prices.
Meanwhile, in the stock market, Varun Beverages, NTPC, Zydus Lifesciences, IHCL, and other stocks are being closely watched today, 5 September. The GST reforms could trigger a market rally or dip, according to an expert's Nifty prediction for today.
Elsewhere, RIL's Mukesh Ambani has pledged to pass on the benefits of GST 2.0, which he considers a historic 'Diwali gift' to India. The GST rate revision, according to SBI Research, could reduce inflation by up to 75 basis points in FY26.
In other financial news, the BSE and NSE are not closed for Eid-e-Milad. The ex-date for 17 stocks turns on Monday, September 8. Navratna PSU has fixed a record date for 50% payment on each share, and a high-dividend yield of 5% has been announced.
For the latest updates on personal finance, stay tuned. The gold price predictions by Goldman Sachs for 2026 are subject to change based on the evolution of economic and geopolitical conditions, so keep an eye on the market trends for a clearer picture.