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Goldman Sachs Forecasts Gold to Reach $4,900 by 2026

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Goldman Sachs forecasts gold to hit $4,900 per ounce by 2026, citing central bank demand and potential Fed rate cuts. The daily market report highlights a 2 million barrel per day oil surplus, pushing Brent crude to $56 in 2026. Central banks are expected to buy 70 tons monthly, while a 1 basis point shift in private investor allocation could lift gold 1.4%. Altcoins to watch may gain attention as macro risks persist.
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