According to Odaily, Deutsche Bank forecasts that gold prices could near $5,000 per ounce by 2026 and surpass this psychological threshold in 2027. Analyst Michael Hsueh notes that after market positions are cleared, central banks' demand for gold will persist, coupled with the re-entry of exchange-traded funds (ETFs), potentially driving gold prices to $4,950 per ounce in 2026. In a report released on Wednesday, Hsueh raised the average gold price forecast for next year from $4,000 to $4,450 per ounce. For 2027, he set a target of $5,150 per ounce
source: https://www.binance.com/en/square/post/32927351959777?utm_source=BinanceNewsRSS