The record share of central banks signalling intent to raise reserves adds a demand backstory that materially limits downside risk. --- Goldman Sachs estimates central banks bought 59 tonnes of gold in April, with China accounting for 24 tonnes, and forecasts 50 tonnes/month in 2026 and 40 in 2027.
--- Goldman Sachs estimates central banks bought 59 tonnes of gold in April, with China accounting for 24 tonnes, and forecasts 50 tonnes/month in 2026 and 40 in 2027.
Goldman's forecast of sustained central bank buying at 50 tonnes a month through 2026, easing to 40 tonnes in 2027, provides a durable structural floor for gold prices even as the monthly pace moderates...
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The record share of central banks signalling intent to raise reserves adds a demand backstory that materially limits downside risk. --- Goldman Sachs estimates central banks bought 59 tonnes of gold in April, with China accounting for 24 tonnes, and forecasts 50 tonnes/month in 2026 and 40 in 2027.
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