07.10.2025 10:43
Goldman Sachs has raised its gold price forecast to $4,900 per ounce by the end of 2026, citing strong investment demand and increasing purchases by central banks as the reasons. If this scenario materializes, it is anticipated that the price of gold per gram could approach 7,000 TL.
The global investment bank Goldman Sachs has announced its new forecast for gold prices. The bank raised its forecast for gold per ounce at the end of 2026 from $4,300 to $4,900, citing strong investment demand and increasing purchases by central banks.
CENTRAL BANK PURCHASES HAVE BEEN EFFECTIVE
In its report, Goldman Sachs emphasized that inflows from Exchange-Traded Funds (ETFs) from Western countries and central banks' gold purchases for reserve purposes have supported the market. Analysts noted that the private sector's trend of portfolio diversification will also increase gold demand, stating, "Strong demand for the gold market may exceed our expectations for ETF inflows."
GRAM GOLD MAY REACH 7,000 TL
According to experts, if the price of gold per ounce rises to $4,900, the price of gram gold may approach the 7,000 TL threshold.
According to calculations made with today's exchange rate, the price of gram gold is:
- If the dollar exchange rate is 43 TL, it could be 6,774 TL,
- If the dollar exchange rate is 44 TL, it could rise to 6,932 TL.
This scenario means a new record period for investors in gold.
A NEW ERA FOR GOLD INVESTORS
Global economic uncertainties, geopolitical risks, and fluctuations in interest rates have led investors to turn back to gold as a safe haven. Experts state that central banks' reserve policies and individual investor interest will continue to support gold prices in the next two years.
If the forecasts come true, 2026 could be one of the brightest periods in the history of the gold market.