26 March | Gold

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

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
Period: 19.12.2025 Expectation: 20000 pips
ETHUSD buyers take profits upon reaching monthly highs
Yesterday at 10:41 AM 25
Period: 18.12.2025 Expectation: 635 pips
Natural gas selloff on rebound to resistance
Yesterday at 09:31 AM 24
Period: 18.12.2025 Expectation: 1350 pips
Investing in USDJPY after Fed’s December dovish turn
Yesterday at 08:18 AM 47
Period: 31.12.2025 Expectation: 8200 pips
Bitcoin selloff down to $87,400
10 December 2025 64
Period: 17.12.2025 Expectation: 920 pips
USDCAD consolidates as traders await Fed and BoC guidance
10 December 2025 53
Period: 31.12.2025 Expectation: 380 pips
Selling EURUSD regardless of Fed rate decision
10 December 2025 59
Go to forecasts