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Goldman Sachs 2026 Outlook: Buy gold to $4,900, sell oil to $50
GOLD

Goldman Sachs 2026 Outlook: Buy gold to $4,900, sell oil to $50

Key Takeaways (30s Read)

Goldman Sachs predicts gold will reach $4,900 by 2026 amid rising geopolitical tensions.

Goldman Sachs releases its 2026 Commodities Outlook predicting gold will soar to $4,900 an ounce due to increased central bank buying, which they forecast will average 70 tonnes per month. The geopolitical competition between the U.S. and China, especially in AI, is seen as bullish for precious metals. They also recommend selling oil, estimating Brent to average $56 a barrel in 2026 due to oversupply. Key themes include holding copper and avoiding battery metals as they face excess supply from China. Overall, the report emphasizes the strategic importance of gold investment as geopolitical tensions intensify.
AI Analyst

AI Opinion

"Goldman Sachs' outlook for 2026 places a strong emphasis on gold, attributing its bullish scenario to heightened demand from central banks amidst geopolitical tensions. As U.S.-China tensions escalate, gold's demand is projected to grow, especially with the current low level of investment exposure. Conversely, the oil market faces persistent pressure due to oversupply, making it an unattractive investment. Overall, as energy markets continue to experience these supply waves, gold is likely to remain a favored asset for those seeking safety against market volatility."
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Reviewed by: FX Market AI Editorial Team

AI Market Analysis Team

Combining advanced AI algorithms with professional trader insights. We analyze market drivers 24/7 to provide objective trading scenarios.