Gold above $5,000 in 2026? Not just a prediction… but a structural shift in the global financial system.

Gold is set to end 2025 up nearly 61% year-to-date, yet major financial institutions believe the rally has not yet peaked. A Goldman Sachs survey of 900 top clients reveals unprecedented expectations:
• 36% expect gold above $5,000 per ounce by the end of 2026
• 33% expect levels between $4,500 and $5,000
• Only 5% believe prices could fall back to the $3,500–$4,000 range

What’s driving the next wave?
Top investment institutions point to four main drivers:
1. Ongoing central bank purchases – gold is becoming a key part of hedging strategies against currency and reserve risks.
2. Global financial pressures and rising debt levels – concerns over sovereign debt sustainability are pushing investors away from paper assets.
3. Expectations of interest rate cuts – any monetary easing cycle reprices real assets in favor of gold.
4. Capital shifting away from dollar-denominated assets – as some investors lose confidence in the dollar as the sole safe haven.

Major banks’ forecasts reinforce this scenario:
• Goldman Sachs: $4,900 by 2026
• JP Morgan: $5,055
• Morgan Stanley: $4,400

The bigger picture
What’s happening is not a traditional cyclical rally, but a long-term shift. Sticky central bank demand, inflating financial risks, and growing concerns over fiat currency erosion are all building a multi-year bull market.

Gold today isn’t just delivering strong performance, it’s gradually becoming the world’s preferred hedge against political and monetary risks. This is reshaping the global safe haven landscape$BTC #DecemberMarketOutlook $ETH