29.12.2025 20:35
The Switzerland-based banking giant UBS has revised its expectations for gold prices upward, predicting that the price of gold could exceed $5,000 per ounce by 2026. The bank anticipates a strong rally, particularly in the first three quarters of the year, while forecasting that the price of gold will stabilize around $4,800 per ounce in the last quarter of the year.
Switzerland-based global investment bank UBS has upwardly revised its expectations for the gold market as the year comes to a close.
2026 EXPECTATION IS UPWARD
In UBS's revised projection, the previously described "optimistic" outlook has given way to a "stronger bullish" scenario. According to analysts' assessments, a significant upward movement in gold prices is expected throughout 2026.
GOLD WILL SEE 5 THOUSAND DOLLARS
The report has redefined target levels for the first three quarters, particularly covering March, June, and September. The previous forecast of 4,500 dollars per ounce for this period has been raised to 5,000 dollars in the new report. This assessment indicates that the precious metal may challenge record levels in the upcoming period.
IT WILL FALL AT CLOSING
UBS also shared a separate scenario for the last quarter of the year. According to the bank's calculations, gold, which is expected to move around 5,000 dollars in the first three quarters, is likely to stabilize at around 4,800 dollars by the end of 2026.