Recently, Goldman Sachs made a notable prediction for the gold market, significantly raising its price forecast for 2026 to $4,900 per ounce. This bold prediction is the result of multiple factors working together.

As of now, the U.S. government shutdown has entered its seventh day, which not only delays the release of economic data but also exacerbates market uncertainty. Meanwhile, traders widely expect the Federal Reserve to cut interest rates twice more this year, which further stimulates the safe-haven demand for gold.

In addition, the turmoil in the domestic situation of France and the ongoing geopolitical risks globally have also become important factors driving up gold prices. The accumulation of these uncertainties has led investors to increasingly prefer allocating funds to safe assets such as gold.

In terms of capital flow, gold ETFs continue to attract inflows, and central banks around the world are steadily increasing their gold reserves. These trends collectively lay the foundation for a long-term bull market in gold, providing strong support for Goldman Sachs' predictions.

However, we also need to recognize that gold price predictions involve multiple factors and there is uncertainty. Investors should still carefully assess risks and consider their own investment goals and risk tolerance when making decisions.

Overall, the current market environment creates unique opportunities for gold investment, but also brings challenges. In this era full of uncertainties, gold's status as a safe-haven asset may further highlight, but its price trends will still be influenced by multiple factors such as the global economy and political situations.