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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)
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From tradequo.com | 2 hr 27 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, ...
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- Jul 9, 10:57am | 3 hr ago Posted byFundamental Analysis71
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