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<Research>G Sachs Lists 1Q26/ 2Q26/ 4Q26 Forecasts for Gold/ Oil Futures Prices (Table)
Recommend
56
Positive
93
Negative
54
(1) Commodities Forecasts
Commodity│1Q26 Forecast│2Q26 Forecast│4Q26 Forecast
COMEX gold futures(per ounce)│US$4,160│US$4,365│US$4,745
Brent oil futures (per barrel)│US$58│US$54│US$57
WTI oil futures│US$54│US$50│US$53
LME copper (per ton)│US$11,535│US$11,435│US$11,135
LME aluminum (per ton)│US$2,650│US$2,475│US$2,350
NYMEX natural gas (mmBtu)│US$4.5│US$4.5│US$5
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(2) Policy Rate Forecasts
Policy rate│1Q26 Forecast│2Q26 Forecast│4Q26 Forecast
Japan│0.75│0.75│1.0
China│1.3│1.3│1.2
US│3.375│3.125│3.125
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Related NewsM Stanley: ZIJIN GOLD INTL (02259.HK) Full-yr NP Forecast Beats
(3) Currencies Forecasts
Currency│1Q26 Forecast│2Q26 Forecast│4Q26 Forecast
USD/JPY│157│155│152
USD/CNY│6.95│6.9│6.85
USD/HKD│7.8│7.8│7.8
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