The major banks have individually revealed their expectations: A crazy forecast for gold.

The major banks have individually revealed their expectations: A crazy forecast for gold.

08.12.2025 14:20

As gold reaches record levels in 2025, major banks have also clarified their forecasts for 2026. While Wells Fargo, Deutsche Bank, Goldman Sachs, Morgan Stanley, and UBS predict that gold will be in the range of $4,450 to $4,900, Bank of America and JPMorgan estimate that the price could rise to $5,000.

Gold prices broke historical records in 2025. As of December 8, 2025, it is trading above 4,200 dollars. Gold prices had reached their highest level at 4,381 dollars. The world's largest banks have published their predictions on how gold prices will trend in 2026.

Wells Fargo

2026 gold price forecast: 4,500 - 4,700 dollars

Deutsche Bank

2026 gold price forecast: 4,450 dollars

Bank of America

2026 gold price forecast: 5,000 dollars

Goldman Sachs

2026 gold price forecast: 4,900 dollars

Morgan Stanley

2026 gold price forecast: 4,500 dollars

UBS

2026 gold price forecast: 4,500 dollars

JPMorgan

2026 gold price forecast: 5,000 dollars

* This is not an investment advice

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