Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Saudi exchange leads GCC in foreign net buying in 2025, hits $5.5bn: Kamco Invest
- CBB Ijara Murabaha Sukuk oversubscribed by 170%
- Bahrain All Share Index closes higher
- Stocks track Wall St rally as Trump cools tariff threats in Davos
- NBK calls customers to verify banknotes before accepting them
- AlRayan Bank reports net profit of QR1,530m for 2025
- Nizwa Dates Industrial Complex opens
- Aramco CEO says oil glut predictions are exaggerated
- Foreign funds lift QSE 120 points; M-cap adds QR7.2bn
- Kuwait Airways adds 11 new destinations for summer 2026, rolls out 15% fare discount
23/01/2026 02:11 AST
Goldman Sachs has raised its end-2026 gold price forecast to $5,400 per ounce from $4,900/oz earlier, noting private-sector and emerging market central banks' diversification into gold.
Spot gold climbed to a peak of $4,887.82 per ounce on Wednesday. The safe-haven metal has climbed more than 11% so far in 2026, extending a blistering rally that saw it jump 64% last year.
"We assume private sector diversification buyers, whose purchases hedge global policy risks and have driven the upside surprise to our price forecast, don't liquidate their gold holdings in 2026, effectively lifting the starting point of our price forecast," the brokerage said in a note dated Wednesday.
Goldman Sachs expects Western ETF holdings to rise as the US Federal Reserve is likely to cut the funds rate by 50 basis points in 2026.
The brokerage also expects central bank buying to average 60 tonnes in 2026 as emerging market central banks are likely to continue diversification of their reserves into gold.
Meanwhile, a sharp reduction in perceived risks around the long-run path for global monetary policy would pose downside risk to gold prices if it were to cause liquidation of macro policy hedges, Goldman Sachs said.
Reuters
| Ticker | Price | Volume |
|---|
| (In US Dollar) | Change | Change(%) | |
|---|---|---|---|
| Gold | 4,509.81 | 32.25 | 0.72 |
| Silver | 79.92 | 2.93 | 3.81 |
| Platinum | 2,286 | 13.5 | 0.59 |
| Palladium | 1,818.5 | 52 | 2.94 |
22/01/2026
Gold prices eased on Thursday after hitting a record high in the previous session due to the easing of geopolitical tension.
At the opening of the markets in Dubai on Thursday, 24K gold pric
Khaleej Times
22/01/2026
Gold surpassed $4,800 an ?ounce for the first time on Wednesday as geopolitical tensions including US President Donald Trump's bid to control Greenland drove safe-haven demand.
Spot gold was
Asharq Al Awsat
20/01/2026
Gold and silver prices climbed to fresh peaks on Monday, as investors poured into safe-haven assets after US President Donald Trump threatened to impose extra tariffs on European countries over the c
Asharq Al Awsat
19/01/2026
Gold and silver prices in Dubai started the week on a record high again, as the yellow metal rose over Dh8 per gram on Monday morning, amid mounting tensions after US President Donald Trump threatene
Khaleej Times
15/01/2026
Saudi Arabia discovered 8 million ounces of gold during 2025, according to Saudi Gold Refinery Co.'s Board of Directors Chairman.
Suliman Al-Othaim told Al-Eqtisadiah on the sidelines of the
Arab News
Financial Information Co.
Saudi Arabia