Goldman Sachs' potential scenario for gold at $6,000 is driven by both strong fundamental factors and geopolitical uncertainty and, in theory at least, not solely baswd on fear positioning. Most analysts base their 2026 forecasts around $5,000. So, the $6,000 target is perhaps considered a possibility, particularly in an extreme geopolitical escalation scenario that trump is subjecting the world to. With the USD no more looking like the solid base required for a reserve currency and a safe haven, central banks moving more to gold would also be a great catalyst in pushing up gold. Interesting times.
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