Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge
From kitco.com
Gold’s 26% decline during the Iran conflict came from a boost to the dollar, yields and equities which overwhelmed the yellow metal's safe-haven appeal, but persistent inflation, policy uncertainty and central bank demand remain intact, and gold prices will still reach nearly $4,800 in 2026 and $4,900 in 2027, according to Barclays. In a research note published Monday, the UK banking giant’s cross-asset research team led by Lefteris Farmakis and Themistoklis Fiotakis said gold’s three-month selloff was driven by the stronger U.S. dollar, white-hot equity markets absorbing all the available risk capital, and the ...
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