Gold prices continue to cling to all-time highs after a breathtaking rally in 2025. A majority of big fishes in the market remain optimistic about the precious metal’s outlook, expecting new records in the year ahead. Some of their forecasts are presented down below:
Citigroup anticipates gold hitting $5,000 per ounce by March.
JPMorgan projects an average of $5,055 in the fourth quarter (Q4) of 2026.
Goldman Sachs sets a target of $4,900 for December.
HSBC cautiously suggests that gold may climb to $5,050 in the first half of 2026 but warns about a significant correction later on.
ING and Deutsche Bank are even more alert, predicting average bullion prices within the $4,000–$4,150 range.
Speaking about forecasts, we cannot fail to mention factors on which they are based:
Strong central bank demand. Global regulators keep accumulating gold to diversify their reserves amid geopolitical turbulence.
Fed’s monetary easing. The Federal Reserve has recently started cutting interest rates and may continue this easing cycle further, favoring the precious metal over other assets.
Geopolitical tensions. A heated global environment supports gold’s safe-haven status.
Inflationary pressure and USD prospects. A weaker greenback, along with elevated consumer prices, typically drives bullion quotes to new peaks.
A consensus forecast for 2026 suggests wide-range trading between $4,000 and $5,000. It is important to keep in mind the risks of a correction and heightened volatility following the precious metal’s surge toward a new all-time high in December 2025.
The overall recommendation is to buy gold from $4,500. Profits should be taken at the level of $4,730. Stop Loss could be set at $4,350.
The volume of the open position should be calculated so that the potential loss (protected by a Stop Loss order) does not exceed 1% of your deposit. If your account balance does not allow opening a position of this size, it is better to avoid entering the market on this signal and wait for other trade options that meet low-risk criteria.
This content is for informational purposes only and is not intended to be investing advice.
