Global Institutions Reveal Gold Price Forecasts for 2026
Gold Retreats Below $4,000
Spot gold slipped below the $4,000 mark after recent technical corrections. Having peaked at $4,381 in late October, it traded around $3,977 early today.
Gram gold followed a similar path, falling from its 5,905 TRY record to around 5,391 TRY.
Dollar Index Nears Three-Month High
The U.S. dollar index hovered near a three-month high of 99.74 points, adding pressure on gold. Analysts note that investors are reassessing the likelihood of a rate cut by year-end.
Major Institutions’ Gold Forecasts for 2026
- World Bank: Average 2026 forecast at $3,575
- Citi: Short-term (0–3 months) target $3,840
- Morgan Stanley: Mid-2025 target $4,500
- Wells Fargo: Range $4,500–$4,700
- UBS: March 2026 projection $4,700
- LBMA: 12-month forecast $4,980
- HSBC, Bank of America, Societe Generale: Year-end 2026 target $5,000
- JPMorgan: Q4 2026 average $5,055, long-term forecast $6,000
- Goldman Sachs: Raised Q4 2026 estimate to $5,055
Overall Market Outlook
Experts suggest that central bank demand and investor interest in safe assets will continue to support gold prices, though the strong dollar could limit short-term gains.
