---
title: "Goldman Sachs doubles forecast for central bank gold buying"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286847968.md"
description: "Goldman Sachs has revised its forecast, now expecting central banks to purchase 60 tonnes of gold monthly by 2026, up from 29 tonnes. This increase is attributed to stronger demand due to reserve diversification and geopolitical uncertainty, potentially supporting long-term gold prices. Despite current pressures from rising yields and a strong dollar, central bank buying may mitigate short-term weaknesses."
datetime: "2026-05-19T03:19:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286847968.md)
  - [en](https://longbridge.com/en/news/286847968.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286847968.md)
---

# Goldman Sachs doubles forecast for central bank gold buying

Forecast revision: Goldman Sachs now expects central banks to buy 60 tonnes of gold monthly in 2026, up from its previous estimate of 29 tonnes. Why it matters: The upgrade reflects stronger-than-expected demand, driven by reserve diversification and geopolitical uncertainty, which could support gold prices long term. Market backdrop: Gold prices remain pressured by rising yields and a strong dollar, but central bank buying may offset near-term weakness.

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