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🀝 ENRG: Organic and Inorganic Expansion Update β€” Stockbit Snips

by Priya Shah – Business Editor

Gold Price​ Forecasts Surge: UBS and Goldman Sachs Predict Potential Supercycle by 2026

Leading financial institutions, UBS and Goldman Sachs, are forecasting a notable ​rise‍ in gold prices, perhaps entering a “supercycle” by 2026. UBS recently increased its mid-2026 gold price projection to US$4,500, with an⁒ optimistic scenario reaching US$4,900. This‍ projectionβ€Œ is fueled ​by robust central bank demand, declining U.S. Treasury yields, U.S. fiscal risks, and anticipated rate ⁣cuts by the Federal Reserve. The β€ŒWorldβ€Œ Gold Council corroborates⁣ this trend, noting strengthening gold accumulation globally.

Goldman Sachs shares a bullish outlook, predicting ​a nearly ⁣20% increase in⁣ gold prices by‍ 2026, with potential for further ⁀gains should retail investors increase⁣ gold allocationsβ€Œ for diversification purposes.

Further analysis of these forecasts‍ and the factors drivingβ€Œ them ​is⁣ available in the ⁣Stockbit article: This.

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