BTS
12-05 18:11

Gold is in a structural bull market due to by geopolitical factors and central bank demand, supporting higher prices in the medium term

The $4,200 level has been validated by the recent rally, now viewed as a support base for the ongoing bull trend, with analysts expecting it to hold steady backed by global tensions and institutional demand。。。

$5,000 target for 2026 is realistic, driven by sustained central bank accumulation and market expectations of US interest rate cuts

While $10,000 remains an extreme scenario, it would require a major event, such as hyperinflation or a global financial collapse, to materialize

Banks' targets of $4,500–$5,000 by 2026 reflect a bullish outlook, based on inflation hedging, geopolitical risks, and rising demand for gold as a safe haven

Given recent bank forecasts and the macro view for 2025-2026, gold maintaining $4,200 is increasingly likely, with $5,000 achievable by 2026, while $10,000 remains a distant possibility

Tag :@Huat99  @Snowwhite  

Gold at $4,200: Will Analysts from Major Banks Be Proven Right?

@Tiger_comments：
$XAU/USD(XAUUSD.FOREX)$ has been rising consecutively in recent days and is trading at six-week highs near $4,250, supported by a weaker dollar and expectations of a Fed rate cut. Key levels to watch include resistance at $4,245 and $4,300, and support at $4,211 and $4,193. How do major banks view gold prices? Could we see $4,500–$5,000 per ounce in 2026? 1.A November 30 survey by Goldman Sachs found that many institutional investors expect gold to reach record highs of $5,000 per ounce by the end of 2026. A survey conducted from November 12 to 14 among over 900 institutional clients. In summary, over 70% of institutional investors foresee continued gold price gains next year 36% of respondents—the largest group—believe gold will maintain momentum and exceed $5,000 by the end of next year. Another 33% expect gold to rise to the $4,500–$5,000 range. Only slightly more than 5% expecting a drop back to $3,500–$4,000. 2. On November 28, Morgan Stanley’s commodities strategy team projected that gold could surge to $4,500 per ounce by mid-2026. They observed that inflows into gold ETFs have nearly completely reversed after four years of net outflows, reaching levels not seen since 2020. They expect this trend to continue as interest rates decline. 3. On November 27, Deutsche Bank forecast gold approaching $5,000 per ounce in 2026, with a further historic breakthrough in 2027. In extreme scenarios, gold could even reach $10,000. Saxo Bank recently published its 2026 “outrageous predictions,” including potential market shocks from breakthroughs in quantum computing or AI system failures, which could push gold to $10,000 per ounce. Some of Saxo Bank’s 2025 predictions, such as an 8% drop in the dollar and NVIDIA surpassing Apple in market capitalization, have already materialized. This recalls Goldman Sachs’ sharp upward adjustment in April during a major rally. At that time, they raised their year-end forecast to $3,700 per ounce (previously $3,300), with a projected range of $3,650–$3,950, noting that tail risks could drive prices as high as $4,500, though with low probability. Gold in 2026: Do you believe $5,000 is possible? Can gold hold $4200? Extreme Scenarios: Could gold ever reach $10,000? What’s your take for banks’ targets? Leave your comments to win tiger coins~
Gold at $4,200: Will Analysts from Major Banks Be Proven Right?

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