-
HSBC lowers 2026-27 gold price forecasts on hawkish Fed tilt
HSBC cut its average gold price forecasts for 2026 and 2027 on Thursday, citing a hawkish shift in U.S. monetary policy expectations and a stronger dollar. The bank lowered its 2026 average gold price forecast to $4,560 per ounce from $4,864 and its 2027 forecast to $4,925 from $5,000. It said gold could trade between $3,800 and $4,700 for the rest of 2026 and end the year at $4,750, while its 2027 year-end forecast was $5,025. Spot gold was trading around $4,100 as of 0730 GMT, down more than 20% from the record $5,594.82 hit on January 29, as the Middle East conflict stoked concerns about inflation and ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
TRUMP SAYS IRAN REACHED OUT SEEKING A NEW AGREEMENT
Gold prices fell on Thursday after hitting a one-week low in the previous session, as U.S. President Donald Trump’s declaration that an interim agreement to end the war with Iran was “over” reignited concerns over higher inflation and interest rates. Spot gold fell 0.3% to $4,066.24 per ounce by 0105 GMT, after dropping to its lowest since July 1 on ...
From tradequo.com | 1 hr 13 min ago
Gold has always been one of the world's most actively traded assets, but until now, traders have faced one frustrating limitation. If a major geopolitical event, central bank announcement, or unexpected economic development happened on a Saturday, there was little they could do until the markets reopened. That is about to change. Beginning July 11, 2026, ...
- Story Stats
- Jul 9, 10:57am | 2 hr 7 min ago Posted byFundamental Analysis65
- Instrument:
- 1 traders viewing now
