University of Kwazulu-Natal

Bofa Societe Generale See Gold At 5 000 Oz In 2026 U S News

Bonisiwe Shabane
-
bofa societe generale see gold at 5 000 oz in 2026 u s news

Gold entered 2026 at levels few institutions believed possible just two years earlier. An extraordinary 2025 rally driven by aggressive central-bank buying, persistent geopolitical tension, and expectations of monetary easing pushed prices to all-time highs above $4,300 per ounce and forced banks to rewrite their outlooks. This article consolidates the most authoritative projections from major banks and respected analysts, along with the relevant forward-looking forecasts from earlier institutional research, so you can track how projections have changed over time. The chart below shows real-time gold spot prices tracked by Lear Capital and updated throughout the trading day. Before gold accelerated far beyond expectations, several institutions issued more conservative targets. Some of these remain useful as reference points that illustrate how sharply sentiment has changed.

These earlier forecasts now read like the first chapter in a much larger price repricing. By the end of 2025, gold had sailed past $4,000, prompting an industry-wide reset of forward expectations. NEW YORK (November 24) Bank of America (BofA) expects gold to extend its record-breaking momentum into 2026, arguing that the macro environment that lifted the metal through 2025 remains firmly intact. In its ’Year Ahead’ outlook, the bank says gold has climbed through a series of all-time highs and is technically “overbought,” yet still “underinvested,” a combination that keeps the market supported despite stretched valuations. Get deeper insights into metals, commodities and analyst forecasts by upgrading to InvestingPro - get 55% off today Strategists led by Michael Widmer point to the policies that helped propel bullion higher this year, noting that “many of the macro drivers – including the unorthodox U.S.

economic policies that pushed the yellow metal higher – remain supportive.” As long as those forces stay in place, BofA sees a credible pathway for gold to reach $5,000 an ounce in 2026, although a hawkish shift by the Federal Reserve remains the key downside... (Reuters) -Analysts at the Bank of America and Societe Generale expect gold to reach $5,000 an ounce in 2026, they said on Monday, while Standard Chartered has raised its forecast for the metal to... Spot gold breached the $4,000 per ounce mark for the first time last week, and was trading at $4,075.29/oz as of 1215 GMT. It has gained 53% so far this year, bolstered by a combination of factors including geopolitical and economic risks, strong central bank buying and expectations of U.S. interest rate cuts.

Bank of America lifted its 2026 outlook for gold to $5,000 an ounce, with an average of $4,400, and for silver to $65 an ounce, averaging $56.25. While the bank sees a risk for a near-term correction, it still expects further upside for both metals next year, it said in a note. “The White House’s unorthodox policy framework should remain supportive for gold given fiscal deficits, rising debt, intentions to reduce the current account deficit/capital inflows, along with a push to cut rates with inflation around... Bank of America’s Global Research team has delivered a striking upgrade: raising its 2026 gold forecast to $5,000 per ounce, with an average expectation of $4,400. Simultaneously, it sees silver climbing to $65/oz by 2026. These forecasts arrive as gold recently surpassed the $4,000/oz milestone for the first time, and investors scramble for hedges amid macro and geopolitical turbulence.

BofA expects investment demand to grow ~14%, replicating the strength seen in 2025. That demand could help push gold toward $5,000/oz. ETF inflows, central bank buying, and macro hedging are highlighted as key supporting drivers. On silver, while BofA anticipates an 11% drop in demand in 2026, it argues that the structural deficit and disruptions in physical markets will keep silver supply tight. That tension, it says, supports a $65 target. Disclosure: We are reader-supported.

If you purchase from a link on our site, we may earn a commission. Learn more Last Updated on: 17th December 2025, 11:46 pm Gold has already had a historic run, and now the big question is whether 2026 becomes the year gold consolidates above $4,000 or makes a serious push toward $5,000 per ounce. As of writing this article, spot gold was around $4,317/oz (after printing new all-time highs earlier in the year). Multiple major banks and research firms now expect 2026 to be strong, but not necessarily “straight up.”

If you want a plain-English walkthrough of how people use physical precious metals (including Gold IRAs) as part of a retirement plan, you can request Noble Gold’s free 2026 Gold & Silver Investing Kit. Affiliate disclosure: If you request the kit through our link, we may earn a commission. This does not affect the price you pay (it’s free). *Average, highest, and lowest gold prices for 2026 are based on the below price predictions and forecasts. Disclaimer: This is not investment advice. The information provided is for informational purposes only.

No information, materials, services, or other content provided on this page is a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Always seek independent consultation from a professional before making any investment. Gold price predictions for 2026 indicate widespread bullish sentiment, as the broader market suffers under the weight of macroeconomic decay, geopolitical disruption, and political volatility. Following a months-long breather in the middle of 2025, gold is expected to wake up with renewed energy to the upside. Although it’s impossible to predict precisely where gold prices are headed in 2026, looking at what the experts are saying can give investors a more accurate perspective on the market’s trajectory. Following a more than 27% surge in 2024, gold entered 2025 with already bullish expectations baked into forecasts.

Once again, the yellow metal shattered even those optimistic projections, forcing analysts and institutions into a familiar pattern of upward revisions, only to see prices surge beyond them yet again.

People Also Search

Gold Entered 2026 At Levels Few Institutions Believed Possible Just

Gold entered 2026 at levels few institutions believed possible just two years earlier. An extraordinary 2025 rally driven by aggressive central-bank buying, persistent geopolitical tension, and expectations of monetary easing pushed prices to all-time highs above $4,300 per ounce and forced banks to rewrite their outlooks. This article consolidates the most authoritative projections from major ban...

These Earlier Forecasts Now Read Like The First Chapter In

These earlier forecasts now read like the first chapter in a much larger price repricing. By the end of 2025, gold had sailed past $4,000, prompting an industry-wide reset of forward expectations. NEW YORK (November 24) Bank of America (BofA) expects gold to extend its record-breaking momentum into 2026, arguing that the macro environment that lifted the metal through 2025 remains firmly intact. I...

Economic Policies That Pushed The Yellow Metal Higher – Remain

economic policies that pushed the yellow metal higher – remain supportive.” As long as those forces stay in place, BofA sees a credible pathway for gold to reach $5,000 an ounce in 2026, although a hawkish shift by the Federal Reserve remains the key downside... (Reuters) -Analysts at the Bank of America and Societe Generale expect gold to reach $5,000 an ounce in 2026, they said on Monday, while ...

Bank Of America Lifted Its 2026 Outlook For Gold To

Bank of America lifted its 2026 outlook for gold to $5,000 an ounce, with an average of $4,400, and for silver to $65 an ounce, averaging $56.25. While the bank sees a risk for a near-term correction, it still expects further upside for both metals next year, it said in a note. “The White House’s unorthodox policy framework should remain supportive for gold given fiscal deficits, rising debt, inte...

BofA Expects Investment Demand To Grow ~14%, Replicating The Strength

BofA expects investment demand to grow ~14%, replicating the strength seen in 2025. That demand could help push gold toward $5,000/oz. ETF inflows, central bank buying, and macro hedging are highlighted as key supporting drivers. On silver, while BofA anticipates an 11% drop in demand in 2026, it argues that the structural deficit and disruptions in physical markets will keep silver supply tight. ...