The brakes are not holding! Major banks have updated their forecasts one by one.

28.01.2026 16:10

In 2026, gold continued its rise, reaching historical peaks of 7,349 lira per gram and 5,266 dollars per ounce. While global banks updated their gold forecasts for 2026 upwards, a 6,000 dollar expectation for the ounce emerged.

Gold prices started 2026 strongly due to global uncertainties and safe-haven demand. Entering the new year at around 6,000 lira, the gram gold rose to 7,349 lira today, reaching an all-time high. Thus, gram gold recorded an increase of approximately 1,350 lira in the first month of the year.

HISTORICAL PEAK IN OUNCE GOLD

In international markets, ounce gold continued its record streak. Starting the year at 4,319 dollars, ounce gold rose to 5,266 dollars, reaching its historical peak. The one-month increase in ounce gold was calculated to be approximately 950 dollars.

MAJOR BANKS RAISED THEIR FORECASTS

Following the sharp rise in gold, world-renowned banks updated their gold forecasts for 2026. During a period when five-digit gram gold scenarios were being discussed, notable predictions came from leading global financial institutions.

2026 GOLD FORECASTS OF MAJOR BANKS

• Deutsche Bank:

Announced its ounce gold forecast for 2026 as 6,000 dollars.

• Morgan Stanley:

Raised its ounce gold target for the second half of 2026 to 5,700 dollars.

• Goldman Sachs:

Increased its December 2026 ounce gold target from 4,900 dollars to 5,400 dollars.

• JP Morgan:

Set its ounce gold forecast for 2026 at 5,000 dollars.

• Societe Generale:

Raised its year-end ounce gold expectation from 5,000 dollars to 6,000 dollars.

• Citi Research:

Announced its target price for ounce gold in the 0–3 month base scenario as 5,000 dollars.