Goldman Sachs Stock Rises as Bank Reiterates Gold Forecast
Goldman Sachs' stock price rose on September 11, 2026, as the bank reiterated its gold forecast of $4,900 per ounce for end-2026. The forecast is driven by strong central bank buying and renewed ETF demand.
The latest quarterly report from Goldman Sachs showed revenue of $20.34 billion, up 39.4 percent year over year, with earnings per share (EPS) at $20.98 versus $10.91 a year earlier. This performance exceeded current-quarter estimates, which stand at $17.74 billion in revenue and $16.43 EPS.
The bank's market capitalization is $239.42 billion, with a 52-week range of $740.01 to $1,153.99. The stock price is closer to the upper end of this range than the lower end, leaving room for further market reaction to future catalysts.