HSBC projects gold could reach $5,000/oz by mid-2026
HSBC has elevated its long-term gold price outlook, forecasting that spot gold may hit $5,000 per ounce in the first half of 2026. The bank cites sustained safe-haven demand, continued central bank purchases, geopolitical volatility, and expectations of U.S. rate cuts as key drivers. It also raised its average 2025 gold forecast to $3,455/oz from prior estimates. HSBC believes that while volatility will remain, structural shifts in reserves and investor sentiment underpin gold’s upward bias over the coming years.
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1 day ago
HSBC projects gold could reach $5,000/oz by mid-2026
HSBC has elevated its long-term gold price outlook, forecasting that spot gold may hit $5,000 per ounce in the first half of 2026. The bank cites sustained safe-haven demand, continued central bank purchases, geopolitical volatility, and expectations of U.S. rate cuts as key drivers. It also raised its average 2025 gold forecast to $3,455/oz from prior estimates. HSBC believes that while volatility will remain, structural shifts in reserves and investor sentiment underpin gold’s upward bias over the coming years.
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HSBC projects gold could reach $5,000/oz by mid-2026
1 day ago
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HSBC forecasts gold at $5,000/oz by mid-2026, citing central bank demand, geopolitical risk and rate cut expectations.
HSBC has elevated its long-term gold price outlook, forecasting that spot gold may hit $5,000 per ounce in the first half of 2026. The bank cites sustained safe-haven demand, continued central bank purchases, geopolitical volatility, and expectations of U.S. rate cuts as key drivers. It also raised its average 2025 gold forecast to $3,455/oz from prior estimates. HSBC believes that while volatility will remain, structural shifts in reserves and investor sentiment underpin gold’s upward bias over the coming years.
HSBC has elevated its long-term gold price outlook, forecasting that spot gold may hit $5,000 per ounce in the first half of 2026. The bank cites sustained safe-haven demand, continued central bank purchases, geopolitical volatility, and expectations of U.S. rate cuts as key drivers. It also raised its average 2025 gold forecast to $3,455/oz from prior estimates. HSBC believes that while volatility will remain, structural shifts in reserves and investor sentiment underpin gold’s upward bias over the coming years.