Lates News

Goldman Sachs continues to believe that there is significant upside risk to its December 2026 gold price forecast of $5400 per ounce. The bank points out that most of the price volatility in January was driven by Western fund flows rather than speculative behavior, and the adjustment in silver was significantly larger. This is because the liquidity conditions in the London market remain tight, amplifying the two-way price movements. In the silver market, in addition to the volatility caused by bullish options structures similar to gold, ongoing liquidity tightening in London adds an extra factor to extreme price behavior.