26 March 2025 | 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: 02.10.2026 Expectation: 3300 pips
Buy NVIDIA stocks on earnings release
Today at 08:20 AM 7
Gold buy
Period: 30.09.2026 Expectation: 13000 pips
Go long on gold with $4,560 target
Today at 06:44 AM 8
Period: 02.10.2026 Expectation: 3300 pips
Invest in USDCAD ahead of BoC meeting
Today at 06:38 AM 5
Period: 01.10.2026 Expectation: 6200 pips
Invest in Bitcoin up to $85,000
Yesterday at 10:26 AM 29
Period: 01.10.2026 Expectation: 3350 pips
Buying AUDUSD with 0.75000 in sight
Yesterday at 07:07 AM 23
Period: 30.09.2026 Expectation: 500 pips
Selling AUDUSD from 0.71895
Yesterday at 04:43 AM 16
Go to forecasts