Goldman Sachs Sees Gold Hitting $4,000, Calls It a Better Hedge Than Bitcoin
Goldman Sachs predicts gold will rise to $4,000 per troy ounce by mid-2026, up from the current price of $3,310.74.
Daan Struyven, co-head of global commodities research, highlights gold’s limited supply as a key attraction for investors concerned about inflation. While Bitcoin offers higher returns, its volatility and strong correlation with tech stocks make gold a more reliable hedge against equity downturns.
Struyven notes that both Bitcoin and stocks perform well in positive risk environments, but gold remains the superior safe haven.
Clever Robot News Desk 29th May 2025
