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Gold bulls gather momentum! Goldman Sachs sets year-end target of $4,900, with central bank demand as key support

World Gold brief based on reporting bynews.futunn.com
Brief

Reported by news.futunn.com: “Gold bulls gather momentum! Goldman Sachs sets year-end target of $4,900, with central bank demand as key support”. Gold settled at $4,514 an ounce on September 3, 2026 — $145.14 per gram, +3.39% on the day. The headline carries a figure: $4,900, — quoted as published, not independently verified.

Why it matters

Official-sector buying or selling changes physical demand and long-term market expectations. Persistent purchases can support the market, but do not guarantee an immediate price increase.

Transmission channels
  • official reserves
  • physical demand
  • currency confidence
  • long-term expectations
What to watch next
  • next reserve disclosure
  • net purchase volume
  • geographic breadth
  • official confirmation of $4,900,
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publishernews.futunn.com
Data on this topicGold price today by currency
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