Deutsche Bank has revised its forecast for gold prices.

08.04.2025 10:51

Deutsche Bank has revised its forecasts for gold prices. The bank published a new outlook by revising its previous predictions. Accordingly, Deutsche Bank has adjusted its average gold price forecasts for 2025 and 2026 to $3,139 and $3,700 per ounce, respectively.

Deutsche Bank has raised its average gold price forecasts for 2025 and 2026 to $3,139 and $3,700 per ounce, respectively, due to the impact of recent economic and geopolitical developments worldwide. The bank had previously forecast an average price of $2,725 for this year and $2,900 for 2026.

INCREASE OF $400 PER OUNCE

Deutsche Bank stated, "Despite this week's correction, we conclude that the bullish case for gold remains strong, and we are raising our year-end (Q4 2025) forecast to $3,350 per ounce." Deutsche Bank also noted that central bank demand for gold has increased from 10% to 24% of the gold market since 2022, while demand for Treasury bonds has only accounted for 7% to 10% of net issuances.

Deutsche Bank has revised its forecast for gold prices.

Deutsche Bank has revised its forecasts for gold prices. The bank published a new outlook by revising its previous predictions. Accordingly, Deutsche Bank has adjusted its average gold price forecasts for 2025 and 2026 to $3,139 and $3,700 per ounce, respectively.

INCREASE OF $400 PER OUNCE

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