Gold price prediction: Why Goldman Sachs says gold could touch $5,400: Gold prices today jumped 1.4% to $4,572 per ounce, yet March remains on track for a steep 13.3% monthly drop, the worst since 2008. Investors are watching closely as inflation fears rise and U.S. interest rate expectations shift. The Iran conflict and rising oil prices are driving market volatility, pushing gold demand as a safe-haven asset. U.S. dollar strength also weighs on global bullion buyers. Despite short-term dips, forecasts show gold could reach $5,400 by 2026, supported by central bank buying and portfolio diversification trends. Gold market trends, investment outlook, and geopolitical risk remain key drivers.