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Gold among the few commodity opportunities in 2026, price could reach $4,700/oz
Strong central bank purchases, ongoing U.S. dollar depreciation, additional Fed rate cuts, and continued geopolitical uncertainty will propel gold prices beyond their current levels to new all-time highs in 2026, according to Wells Fargo. In their 2026 Outlook, published this week, Wells Fargo analysts said they believe gold will be among the few standout performers in the commodities complex next year. “We expect further price gains in both Precious and Industrial Metals during 2026, but rising crude oil supplies should restrain overall commodity returns for the year,” they wrote, adding that they maintain a ... (full story)