Today, Deutsche Bank predicted that gold prices will jump to $6,000 an ounce in 2026 as investors continue to increase allocations to non-dollar and real assets.
Spot gold hit an all-time high of more than $5,100 an ounce yesterday as geopolitical and economic uncertainty increased investor demand for safe-haven assets.
powerful performance
“Under an alternative scenario, a price of $6,900 an ounce could actually be more in line with the very strong performance of the past two years,” Deutsche Bank said.
Analysts at Société Générale also expect gold to reach $6,000 an ounce by the end of the year, but note that this may be a conservative estimate given the opportunity for further upside.
Morgan Stanley said yesterday that “gold prices are likely to continue rising, with indications that they could reach $5,700 per ounce.”
64% increase
Gold prices have risen more than 17% since the start of 2026, benefiting from a 64% rise last year, and also supported by strong central bank buying, flows into exchange-traded funds (ETFs) and expectations for lower U.S. interest rates.
The Federal Reserve, the US central bank, is expected to decide on interest rates at a meeting starting later today, amid a criminal investigation by the Trump administration into Chairman Jerome Powell.
Deutsche Bank today predicted that gold prices will soar to $6,000 an ounce by 2026 as investors continue to increase allocations to non-dollar and real assets.
Gold hit a record high of over $5,100 an ounce in spot trading yesterday as heightened geopolitical and economic uncertainty fueled investor demand for safe-haven assets.
strong performance
“According to an alternative scenario, an ounce price of $6,900 could actually be more in line with the very strong performance of the past two years,” Deutsche Bank said.
Analysts at Société Générale also expect gold to reach $6,000 an ounce by the end of the year, but note that this may be a conservative estimate given the potential for further gains.
Morgan Stanley said yesterday that “gold prices are likely to continue rising, with indications that they could reach $5,700 per ounce.”
64% increase
Gold prices are up more than 17% since the start of 2026, benefiting from a 64% rise last year, and also supported by strong central bank buying, flows into exchange-traded funds (ETFs) and expectations for a U.S. interest rate cut.
The Federal Reserve, the US central bank, is expected to keep interest rates on hold at a meeting starting later today as the Trump administration launches a criminal investigation into Chairman Jerome Powell.
