Recently, I've been paying attention to the movement of the gold market, and Goldman Sachs has made an interesting prediction. They say that by the end of 2026, gold will reach $5,400 per ounce. That would be a significant surge, and apparently there are several factors behind it.

One is that central banks are continuing to increase their gold holdings. Additionally, private investors are also increasing their gold holdings in anticipation of interest rate cuts. In other words, from institutional investors to individuals, everyone is paying attention to gold. The rise in gold prices is supported by this increased demand.

Whether it will actually rise that much in just a few months is another story, but looking at the current trend, it seems likely that the gold rally will continue. Monitoring the movements of central banks and interest rates remains valuable.