Gold is currently leading the markets globally. The asset has emerged as the top asset by market cap, dethroning the US dollar as a leading reserve asset. Moreover, the gold’s price surge is not temporary as predicted earlier. The metal is projected to continue soaring forward, as brewing geopolitical tensions may continue to pave the way for the gold price to beat all odds.
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Gold Price Outlook: Latest Forecast
The gold price outlook has been updated from time to time, with leading global banks putting forward their opinions. The most popular price forecast includes gold touching the $5000 mark in the near future. However, per a recent HSBC bank prediction, gold may hit a new price ceiling of $5050 before it falls back to consolidate at $4450 by the end of 2026.”
“We see a wide range of $5,050–$3,950/oz for 2026 and an end-year price of $4,450/oz,” the HSBC analysts said in a note published Thursday, which was quoted in a Kitco report.
The bank strategists were quick to add how the Fed’s sudden hawkish stance in 2026 may end up taking a toll on gold, pushing the asset to explore lower price realms.
Expert Price Expectations for the Near Future
According to Rashad Hajiyev, a leading metal expert, gold is easily on its path to secure a new price mark of $5k sooner or later.
Hajiyev shared how 2026 may bring in a mix of geopolitical uncertainties and macroeconomic factors, which may push gold and silver to reprice their values.
“I think we are going to see further development of geopolitical events in 2026 along with a reset of a global financial system triggering gold and silver repricing. It’s worth noting that the USA has the largest gold reserves in the world…”
Hajiyev’s most ambitious gold price outlook includes the metal hitting $8000 by the end of 2026.
“Despite the recent sell-off, gold is holding well above all technical support levels post breakout. My next target for gold is $5.5-6k with a potential year-end 2026 target of $8k plus. This post is not investment advice…”
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