Extracted from the below link:
Jan 22 (Reuters)
Goldman Sachs has raised its end-2026 gold price forecast to $5,400 per ounce from $4,900/oz earlier, noting private-sector and emerging market central &zwnj banks' diversification into gold.
Spot gold climbed to a peak of $4,887.82 &zwnj per ounce on Wednesday. The safe‑ haven metal has climbed more than 11% so far in 2026, extending a blistering rally that saw it jump 64% last year.
" We assume private sector &zwnj diversification buyers, whose purchases hedge global policy risks and have driven the upside &zwj surprise to our price forecast, don' t liquidate their gold holdings in 2026, effectively lifting the starting point of our price forecast," the brokerage said in a note dated &zwnj Wednesday.
Goldman Sachs expects Western ETF holdings to rise as the U.S. Federal Reserve is likely to cut the funds rate by 50 basis points in 2026.
The brokerage also expects central bank buying to average 60 tonnes in 2026 as emerging market central banks are likely to continue diversification of their reserves into gold.
Meanwhile, a sharp reduction in perceived risks &zwj around the long-run path for global monetary policy would pose downside risk to gold prices if it were to cause liquidation of macro policy hedges, Goldman Sachs said.
Goldman ups gold price forecast
https://sg.finance.yahoo.com/news/goldman-sachs-raises-2026-end-035447198.html
https://sg.finance.yahoo.com/news/goldman-sachs-raises-2026-end-035447198.html
Spot Gold and gold futures will recover as long as Iran vs US and Israel conflict continues and Russia and Ukraine still fights on.
See big picture is good la , but not all gamblers like you see big picture. If see big picture won?t buy this counter Liao should just buy GLD HAHAHA
Klein_Yeoman ( Date: 22-Jan-2026 11:13) Posted:
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Gold dropped for two reasons. 1. Profit taking. 2. Trump said he does not intend to use force against Greenland. But I see the bigger picture of USA and USD collapsing soon!
cheer leaders all disappeared...
" Currently, the Group is capable of processing approximately 1.2 million tonnes of ores per annum. Going forward, it intends to increase its leaching capacity and further enhance its gold recovery process with the aim of increasing gold production."
https://www.cnmc.com.hk/investor_relations.html
https://www.cnmc.com.hk/investor_relations.html
Nice TA.  An ideal level to pick up ... 1.29.
| ozone2002 ( Date: 21-Jan-2026 09:56) Posted: |
If bbs think otherwise, there will be no resistance at that level
Reds1088 ( Date: 21-Jan-2026 13:20) Posted:
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Wow!!!   🤩 Spot gold going parabolic rocketing 🚀 to US$4,885/z ! Hope for a big increase in dividend payout this FY2025 🤩 🤩 🤩
Seems big resistance at 1.32
gold price surge again. may see cross $1.35 after lunch 
Safe haven.. flood gate open gold rush..
tofudidi ( Date: 21-Jan-2026 10:52) Posted:
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Lim & Tan Research
Idea  of  the  Day: 
We view the all-time-high gold prices as beneficial for  CNMC Goldmine, a gold mining company with operations in Malaysia. CNMC&rsquo s market cap stands at S$503mln and trades at 11.1x FY25F / 9.5x FY26F P/E and 6.6x P/B, with a dividend yield of 3.1%. We do not rule out potential for a higher dividend payout, CNMC has been more generous in recent years at > 40% payout, supported by resilient cash flows and a net-cash position. Sky high gold prices, coupled with an increase in gold output as targeted by the company, will render 2026 a year to watch. We have a  BUY recommendation on CNMC Goldmine with a target price of S$1.53, based on a blend of 12.2x FY26F P/E (20% discount to peers average) and DCF. Our conviction level in CNMC Goldmine has increased and will be putting CNMC Goldmine in our &ldquo Alpha&rdquo portfolio alongside SPDR GOLD ETF shares as we believe both will benefit from &ldquo risk-off&rdquo due to macro and geo-political uncertainties as well as continued &ldquo dedollarization&rdquo theme.
Idea  of  the  Day: 
We view the all-time-high gold prices as beneficial for  CNMC Goldmine, a gold mining company with operations in Malaysia. CNMC&rsquo s market cap stands at S$503mln and trades at 11.1x FY25F / 9.5x FY26F P/E and 6.6x P/B, with a dividend yield of 3.1%. We do not rule out potential for a higher dividend payout, CNMC has been more generous in recent years at > 40% payout, supported by resilient cash flows and a net-cash position. Sky high gold prices, coupled with an increase in gold output as targeted by the company, will render 2026 a year to watch. We have a  BUY recommendation on CNMC Goldmine with a target price of S$1.53, based on a blend of 12.2x FY26F P/E (20% discount to peers average) and DCF. Our conviction level in CNMC Goldmine has increased and will be putting CNMC Goldmine in our &ldquo Alpha&rdquo portfolio alongside SPDR GOLD ETF shares as we believe both will benefit from &ldquo risk-off&rdquo due to macro and geo-political uncertainties as well as continued &ldquo dedollarization&rdquo theme.
Greenland issues not gonna end anytime soon. gold will only keep surging higher. CNMC $1.50 may come very soon.. 
$1.50 are you crazy? Cnmc is a no $2.50 no sell counter!
Gold is now like what mask in during covid 19, very high demand hor ! Have u all forgotten what happen to medtecs?
No $2.50 no sell!!
Gold is now like what mask in during covid 19, very high demand hor ! Have u all forgotten what happen to medtecs?
No $2.50 no sell!!
Catrade ( Date: 21-Jan-2026 10:10) Posted:
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The balance sheet is very strong.
And giving dividends.
And expanding the CIL.
What's not to like? 😄
And giving dividends.
And expanding the CIL.
What's not to like? 😄
treetops ( Date: 21-Jan-2026 10:03) Posted:
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Spot Gold is going parabolic now US$4,836/oz .. following the pattern of silver last 2 months. by the way either matters go up CNMC has it all .. At this rate of both silver n gold price CNMC would break $1.50 before FY25 results 👏 🚀
Stuck 23 cents fopr so long last time.
Now gold price fly to sky liao.
Thanks to US sia.
Now gold price fly to sky liao.
Thanks to US sia.
prophetjul ( Date: 21-Jan-2026 09:59) Posted:
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