Goldman Sachs Predicts $4,000 Gold, Sees Precious Metal As Superior Stock Market Hedge to Bitcoin

Description

A commodities researcher at the banking giant Goldman Sachs thinks gold will surge to $4,000 per troy ounce by mid-2026. Daan Struyven, Goldman’s co-head of global commodities research, outlined the prediction in a new discussion with the energy-focused strategy firm Veriten. Gold is currently priced at $3,310.74 per troy ounce. Struyven notes that gold and Bitcoin ( BTC ) have certain similarities that are attractive to investors in the current environment. “Supply is very limited. The vast maj...