Gold Will Hit 4 500 Oz By Mid 2026 On Etf Central Bank Demand Kitco
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news... He has a Bachelor's degree Specialization in Journalism from Concordia University. You can reach Ernest at 1-514-670-1339. From Sectors and Smart Beta to Fixed Income, SPDR Exchange Traded Funds (ETFs) give you wide access to diverse investment opportunities.
Find out more. When asked if $5,000/oz gold is in play for 2026, we think back to August 1994 and the debut studio album title for legendary British rockers Oasis (who went on an epic world tour... In the middle innings of a structural bull cycle, five structural forces continue to shape the gold market. These trends are unlikely to reverse in 2026 and, collectively, point to a supportive backdrop for prices. Importantly, these drivers are separate from short-term factors such as volatility spikes, risk-asset sell-offs, or stagflation fears that could temporarily boost gold demand: 1.
Alternative fiat and global debasement trade. Global sectoral debt rose to $340T in mid-2025 and, notably, the government share of that debt also reached a record 30%.2 At 3-4x global GDP, debt levels raise concern for investors. As record debt and stubborn inflation push long-term yields higher, gold becomes an attractive hedge against duration risk and currency debasement. 2. Elevated stock/bond correlations. US stock/bond correlations soared to 30-year highs during the post-COVID inflation spike and Fed tightening cycle.3 While correlations eased somewhat in 2025, it is unclear whether they will return to the inverse relationship that...
Meanwhile, the gold/US dollar (USD) correlation remains anchored. If stock/bond correlations remain historically elevated, gold’s role as a diversifier and left-tail hedge becomes even more important as investors seek alternatives to traditional 60/40 or 70/30 portfolios. 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. Daily stocks & crypto headlines, free to your inbox By continuing, I agree to the Market Data Terms of Service and Privacy Statement
Gold prices surged in 2025 due to trade tensions, central bank and ETF demand. What is the gold price forecast for 2026 and beyond?
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Ernest Hoffman Is A Crypto And Market Reporter For Kitco
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced econo...
Find Out More. When Asked If $5,000/oz Gold Is In
Find out more. When asked if $5,000/oz gold is in play for 2026, we think back to August 1994 and the debut studio album title for legendary British rockers Oasis (who went on an epic world tour... In the middle innings of a structural bull cycle, five structural forces continue to shape the gold market. These trends are unlikely to reverse in 2026 and, collectively, point to a supportive backdrop...
Alternative Fiat And Global Debasement Trade. Global Sectoral Debt Rose
Alternative fiat and global debasement trade. Global sectoral debt rose to $340T in mid-2025 and, notably, the government share of that debt also reached a record 30%.2 At 3-4x global GDP, debt levels raise concern for investors. As record debt and stubborn inflation push long-term yields higher, gold becomes an attractive hedge against duration risk and currency debasement. 2. Elevated stock/bond...
Meanwhile, The Gold/US Dollar (USD) Correlation Remains Anchored. If Stock/bond
Meanwhile, the gold/US dollar (USD) correlation remains anchored. If stock/bond correlations remain historically elevated, gold’s role as a diversifier and left-tail hedge becomes even more important as investors seek alternatives to traditional 60/40 or 70/30 portfolios. Gold entered 2026 at levels few institutions believed possible just two years earlier. An extraordinary 2025 rally driven by ag...
Before Gold Accelerated Far Beyond Expectations, Several Institutions Issued More
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. ...