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SocGen Raises Gold Price Forecast to $6,000 Amid Rally
As gold prices surge past $5,000 an ounce just one month into the year, major banks are racing to revise their expectations. Société Générale has become the latest international bank to issue a significant upgrade, boosting its 2026 gold price forecast from $5,000 to $6,000 per ounce. In a report published Monday, the French bank’s commodity analysts noted that even this new target may be cautious. "This is probably a conservative estimate and it could well go higher," they wrote, signaling strong underlying momentum in the market. Investment Demand Fuels Unprecedented Climb: According to SocGen, relentless ... (full story)
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