Major institution gold predictions 202611 Dec 2025 17:13
Data collected by chat gbt - prompt, collate up to date predictions of the gold price in 2026 by major banks, hedge funds and investors. Only use predictions given in the last month.
(All prices USD/oz)
Institution: Deutsche Bank
Date: 26–27 Nov 2025
2026 Forecast: Avg ~$4,450; range $3,950–$4,950; upside towards $5,000
Notes: Raised forecast based on macro + central-bank demand
Institution: Goldman Sachs
Date: Early Dec 2025
2026 Forecast: ~$4,900 by end-2026
Notes: Upgraded outlook; strong ETF + central bank buying
Institution: J.P. Morgan
Date: Early Dec 2025
2026 Forecast: ~$5,055 average by Q4 2026
Notes: One of the most bullish major banks
Institution: Bank of America
Date: Early Dec 2025
2026 Forecast: ~$5,000 in 2026
Notes: Driven by US fiscal dynamics and persistent investment demand
Institution: Wells Fargo
Date: 10 Dec 2025
2026 Forecast: Up to ~$4,700
Notes: Gold labelled a “standout commodity” for 2026
Institution: UBS
Date: 10–11 Nov 2025
2026 Forecast: Path towards ~$5,000 by 2026/27
Notes: Structural macro tailwinds
Institution: ING
Date: 9 Dec 2025
2026 Forecast: Around ~$4,100 early 2026
Notes: More conservative bank view
Institution: State Street Global Advisors (SPDR Gold)
Date: Late Nov / Early Dec
2026 Forecast: Base: $4,000–$4,500; Bull: up to $5,000
Notes: Higher-for-longer rate regime supports $4k–$5k trading zone
Institution: Standard Chartered
Date: 27 Nov 2025
2026 Forecast: No fixed number; gold = “top conviction trade for 2026”
Notes: Expect outperformance vs stocks/bonds
Institution: World Gold Council
Date: 9 Dec 2025
2026 Forecast: Scenario range ~$3,360–$5,460
Notes: Baseline: ~4,000–4,400; Bullish “Doom Loop”: up to ~5,460
Institution: BofA Global Fund Manager Survey
Date: 18 Nov 2025
2026 Forecast: Majority see $4,000–$4,500
Notes: Institutional consensus clustering in mid-$4,000s
Institution: RJO Futures (Bob Haberkorn)
Date: 9 Dec 2025
2026 Forecast: “On a path towards $5,000”
Notes: Market commentary rather than an official price target