Major banks have already made predictions about the price of gold in 2026. Based on data-based analysis, major international banks have published forecasts for the price of gold in 2026. However, there are some differences in these forecasts. Which depend on factors such as interest rates, geopolitical instability and global demand.
According to the Economic Times, reports from the world’s most influential banks show that the overall upward trend in the gold market will continue.
JP Morgan predicts that the average gold price in the last quarter of 2026 could be around $5,055 per ounce.
According to them, the main reasons for this increase will be the reduction in interest rates by the US Federal Reserve, stagnation (economic stagnation and inflation), and increased purchasing power of central banks and investors.
Bank of America predicts that the price of gold could reach $5,000 per ounce in 2026. They cited government budget deficits, rising debt levels and a possible Fed rate cut amid 3 percent inflation.
Goldman Sachs expects gold prices to rise by about 6 percent to $4,000 by mid-2026. According to them, long-term demand from central banks and exchange-traded funds (ETFs) is the main reason for this increase.
According to HSBC’s forecast, gold prices could reach $5,000 by the end of 2026. They cited geopolitical instability, economic uncertainty and a weak US dollar as reasons for this. However, they estimated that the average price in 2026 could be around $3,950 per ounce.
Forecasts from other major international banks also indicate the possibility of an overall increase in gold prices.
According to ING, the average price of gold in 2026 could be around $4,150 per ounce.
Deutsche Bank expects the average price of gold to be around $4,000 per ounce.
Meanwhile, Australia and New Zealand banking group ANZ said that gold prices could peak at $4,600 by June 2026, with prices likely to ease slightly by the end of the year.
According to the bank’s forecast, gold prices are expected to remain between $4,000-5,000 per ounce in 2026. There are several main reasons behind this upward trend.
Firstly, the possibility of the US Federal Reserve cutting interest rates. Secondly, global geopolitical risks and economic uncertainty. Thirdly, the growing safe-haven investment appetite for gold among investors. All these factors together will lead to an increase in gold prices in 2026.
