GOLD PRICE20 May 2026 13:48
Apolgies, if something like this has already been posted, this was CO - PILOTS findings
Gold is expected to remain elevated in 2026, with most forecasts projecting prices between $4,500 and $5,500 per ounce, supported by central bank demand, geopolitical tensions, and macroeconomic uncertainty.
Expert Forecasts
Gold entered 2026 at historically high levels, above $4,300 per ounce, following a record-breaking 2025 rally. Major financial institutions have set the following targets for 2026
JPMorgan Chase: $5,055 by Q4 2026, with a long-term target of $6,000 by 2028.
Bank of America: $5,000 average for 2026.
Goldman Sachs: $4,900 by the end of 2026.
Morgan Stanley: $4,800 by mid-2026.
Deutsche Bank: Base case $4,450, bull case $4,950.
UBS: $5,400.
The consensus among analysts indicates a bullish trend, with most projections clustering in the mid-$4,000s to above $5,000 range.
I think we would all agree, if, 12 months ago Miners and us were told Gold would be at $4,500 an ounce, we would have been more than happy. GLA