PANews reported on October 23rd that Goldman Sachs maintained its gold price target of $4,900 per ounce by the end of 2026. Goldman Sachs stated that due to growing market interest in gold as a strategic portfolio diversifier, we continue to believe that the risk of gold prices exceeding our forecast target of $4,900 by the end of 2026 is increasing. We believe that "sticky" and structural buying will continue.
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