International Royal Financial Institution is optimistic about the future of gold, expecting the price to break new highs by the end of the year

2026-02-04 23:13:27

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Global top-tier financial institutions are optimistic about the future of gold. Goldman Sachs’ latest market analysis indicates that there is a possibility for gold prices to break through $5,400 per ounce by the end of the year, and predicts that this upward trend still has significant room for growth. On the other hand, Royal Bank of Canada is even more optimistic, believing that gold prices could reach $7,100 per ounce.

Divergence in Predictions from Two Royal-Level Financial Institutions

According to the latest report from PANews, although both Goldman Sachs and Royal Bank of Canada are bullish on gold, their target prices differ significantly. Goldman Sachs’s conservative target of $5,400 contrasts with Royal Bank of Canada’s more bullish forecast of $7,100. This difference reflects the diverse market perceptions of gold’s upside potential and also shows that different financial institutions base their judgments on their respective analytical frameworks.

Market Logic Behind the Upward Movement of Gold Prices

As a traditional safe-haven asset, gold continues to attract substantial capital inflows amid ongoing global economic uncertainties. From Goldman Sachs’s perspective, $5,400 is not the end but a key support level. The higher forecast from Royal Bank of Canada suggests that if market risk appetite further declines, gold still has greater upside potential. The aligned bullish outlook from these two top-tier financial institutions further reinforces market expectations of a gold bull market.

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