RE: Metal's crashing2 Feb 2026 09:54
Agreed and not often we see eye to eye but trump is just far to erattic and hard to second guess that the geopolitical tensions are here to stay for a long time yet. World is in turmoil so the safe haven asset of gold will be around for a long time yet.
Most major banks now expect gold to finish 2026 somewhere between \$5,400 and \$5,900 per ounce, with some upside scenarios reaching \$6,000–\$6,900 depending on geopolitical risk, central‑bank buying, and dollar weakness. These forecasts reflect the extraordinary rally already underway in early 2026.
End‑of‑2026 Gold Price Predictions
Consensus From Major Institutions
- Goldman Sachs: Targets \$5,400/oz by year‑end 2026, raised from a previous \$4,900 forecast.
- UBS: Expects gold to ease slightly to \$5,900/oz by end‑2026 after hitting \$6,200 earlier in the year.
- Deutsche Bank & SocGen: Highlight upside scenarios near \$6,000–\$6,900/oz, driven by persistent investment and central‑bank demand.