Goldman Sachs Reaffirms $5,400 Gold Target for End of 2026, Expects 60 Tons Monthly Central Bank Purchases

Goldman Sachs reaffirmed its year-end 2026 gold price target of $5,400 per ounce, citing expected increases in central bank purchases averaging 60 tons monthly through the year. The bank's updated 12-month moving average forecast shows March central bank gold purchases at 50 tons per month, up from a prior forecast of 29 tons monthly.
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