Gold price doesn’t appear to take a breather after crossing $4,000 level. On October 8, gold trades at $4,030, up over 1% from the previous day’s close. Gold is up over 52% YTD and also over the last 12 months. Gold price today in India is Rs 1,22,060 for 10 gram 24 carat.

Goldman Sachs analysts believe gold to touch $4,900 by the end of 2026. Goldman Sachs raised its year-end 2026 gold price projection to $4,900 per ounce from $4,300, citing strong demand from central banks and ETF investors.

If Goldman Sachs’ prediction holds, another $900 surge will result in a 22.5% return for investors buying gold at current prices.

Between October 2009 and January 2024, gold rose from $1,000 to $2,000 over a period of nearly 15 years. However, it only took 14 months for the price to increase by

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