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HSBC expects gold’s ‘bull wave’ to hit $5,000 in 2026
HSBC on Friday forecast that gold’s bull rally would drive prices as high as $5,000 an ounce in 2026, supported by elevated risks and the impact of new entrants into the market. Spot gold breached the $4,300 level on Thursday and was headed for its strongest week since December 2008. The advance has been fueled by geopolitical tensions, robust central bank buying, rising exchange-traded-fund inflows, expectations of US rate cuts and tariff-related economic uncertainties. “The bull market is likely to continue to press prices higher for 1H’26 and we could very well reach a high of $5,000/oz some time in 1H ... (full story)
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From brecorder.com | Oct 17, 2025
Gold notched a new high above $4,300 an ounce on Friday and was poised for its best week in over 17 years, as signs of weakness in U.S. regional banks, global trade frictions, and further rate-cut hopes pushed investors to the safe-haven metal. Spot gold rose 0.9% to $4,362.39 per ounce, as of 0439 GMT, after scaling another record high of $4,378.69 ...
From cbsnews.com | Oct 18, 2025
As economic uncertainty deepens the rush for gold continues, with the price of the precious metal this week topping $4,300 for the first time. The going price for New York spot closed at a record $4,326 per troy ounce on Thursday. Futures also traded as high at more than $4,344 per troy ounce Thursday, before falling below the $4,300 mark Friday morning. ...
