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Goldman Sachs: Expects gold prices to reach $3,700 per ounce by the end of the year, and $4,000 by mid-2026.
Odaily News Goldman Sachs reiterated its structurally bullish view on gold, with a basic expectation of gold prices reaching $3,700 per ounce by the end of the year, and $4,000 by mid-2026. If a recession occurs, its estimate of accelerated ETF inflows will drive gold prices to $3,880 by the end of the year. (Jin10)