Gold correction has reset the market, but MKS’ Shiels still sees $4,500 average price in 2026
From kitco.com
Gold's sharp correction from its record highs may have rattled investors, but MKS PAMP is urging them not to mistake the recent selloff for the end of the precious metal's secular bull market. In her mid-year outlook, Nicky Shiels, Head of Research and Metals Strategy at MKS PAMP, said she is maintaining her 2026 average gold price forecast of $4,500 an ounce, arguing that the market is transitioning from an unsustainable parabolic rally into a healthier, longer-lasting bull market. At the same time, the global refiner expects gold to spend time consolidating between $3,800 and $5,000 an ounce and is leaving its 2026 ...
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