Goldman Sachs analysts push back their projected timeline for gold (GC=F) to reach $3,000 to the second quarter of 2026 and have now set their 2025 year-end target to $2,910. The analysts say the Federal Reserve's more hawkish approach to 2025 could weigh on gold price growth,

Gold prices now look unlikely to hit a record $3,000 per ounce until the second quarter of 2026, according to a team of Goldman Sachs analysts led by Lina Thomas. The

Goldman Sachs Group Inc. said it no longer sees gold reaching $3,000 an ounce by the end of the year, pushing the forecast to mid-2026 on expectations the Federal Reserve will make fewer rate cuts.

Goldman Sachs has extended its gold price forecast to $3,000 an ounce by mid-2026, up from the previous target. The bank expects fewer cuts by the Federal Reserve. According to a recent Bloomberg report,