Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
26 March | Gold

Societe Generale forecasts gold prices to climb to $3,300 in fourth quarter

Gold/Euro
Gold/Silver Ratio
Gold
Societe Generale forecasts gold prices to climb to $3,300 in fourth quarter

Societe Generale in its latest report notes the significant role of gold in the investors' portfolios amid growing doubts regarding the exceptionalism of the US economy. The bank's experts believe that average gold prices may reach about $3,300 per ounce in the fourth quarter of this year.

According to analysts, geopolitical instability continues to support gold as an important global currency. Societe Generale also singles out de-dollarization as a factor that could push the precious metal to $4,000 per ounce.

In addition, the end of US exceptionalism and expansionary fiscal policy in Europe result in US assets losing their attractiveness, Societe Generale believes. Thus, experts see potential in increasing euro and Japanese yen holdings, rotating out the dollar and reducing investments in US equities.

Anton Volkov MarketCheese

Recommended

United States. Fed Interest Rate Decision. The value of the indicator has decreased from 4.25% to 4%
29 October
United States. CPI (MoM). The value of the indicator has decreased from 0.4% to 0.3%
24 October
United States. CPI (YoY). The value of the indicator has increased from 2.9% to 3%
24 October
South Africa. Gold Production (YoY). The value of the indicator has decreased from -0.4% to -3.6%
14 October
United States. Manufacturing PMI. The value of the indicator has increased from 52.2 to 52.5
5 minutes ago
Top news
European Union. Manufacturing PMI. The value of the indicator remained at the same level of 50
Today at 9:00 AM
European Union. CPI (MoM). The value of the indicator has increased from 0.1% to 0.2%
31 October
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
30 October
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
30 October
European Union. GDP (QoQ). The value of the indicator has increased from 0.1% to 0.2%
30 October
All news

Forecasts

Silver sell
Period: 07.11.2025 Expectation: 2100 pips
Silver set to resume downtrend after correction
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
01 November 2025 40
Lyra_Moonwell1
S&P 500 buy
Period: 07.11.2025 Expectation: 1000 pips
S&P 500 builds support before resuming growth
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
01 November 2025 37
Emily_Foster
Brent sell
Period: 07.11.2025 Expectation: 250 pips
Brent crude is heading downward ahead of OPEC meeting
Indicators and reports FA Other Technical analysis Indicators Fundamental analysis
31 October 2025 47
Emily_Foster
AUDCAD buy
Period: 07.11.2025 Expectation: 750 pips
AUDCAD primed to test technical resistance one more time
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
31 October 2025 34
Lyra_Moonwell1
Natural gas buy
Period: 06.11.2025 Expectation: 250 pips
Invest in natural gas to capture $3.500 in growth amid soaring demand
FA Other Technical analysis Indicators Chart analysis Fundamental analysis
30 October 2025 92
Lyra_Moonwell1
GBPUSD buy
Period: 30.11.2025 Expectation: 6400 pips
Buying GBPUSD amid stronger UK economic data
FA Other Chart analysis
30 October 2025 56
McCarthy_Raymond
Go to forecasts