Gold Outlook: Central Banks Poised to Drive Higher Prices đ°
Goldâs recent surge â from near all-time highs above $5,500 to a volatile correction â has led some central banks to temporarily pause purchases, but analysts still see strong structural demand ahead.
âą đ Central banks have paused buying due to price volatility, but remain bullish as a reserve hedge
âą đŠ Historical purchases (~1,000 t in 2023â24) show continued strategic accumulation
âą đ Goldman Sachs forecasts gold rising to ~$5,400/oz by end-2026 on renewed central bank demand and private investor flows
âą đ If private diversification accelerates, upside risk could push prices even higher beyond base forecasts
Expert Insight:
Even as official buyers step back short term, the long-term narrative â driven by reserve diversification, inflation hedging and geopolitical risk â points to a structural uptrend in bullion markets.
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