$XAU Wells Fargo’s $6,300 gold projection signals$XAG an accelerating secular uptrend as bullion decisively reclaims the pivotal $5,000 psychological threshold, reinforcing structural buyer dominance after transient retracement.$PAXG

The institution’s materially revised $6,100–$6,300 year-end 2026 valuation—superseding the prior $4,500–$4,700 framework—implies residual appreciation of roughly 21–25% from prevailing spot levels near $5,033.

Catalysts remain unequivocal: moderating front-end rate expectations compress opportunity cost, while persistent sovereign accumulation—most notably China’s fifteenth consecutive monthly reserve expansion to 74.19M ounces (~$369B)—establishes a durable demand floor.

Consensus convergence across JPMorgan ($6,300), UBS ($6,200), and Deutsche Bank ($6,000) underscores institutional conviction in an intact precious-metals supercycle.

Conclusion: bullion’s ascent is not exhaustion but inception.

XAUUSDT

دائم

5,066.81

+0.49%

XAGUSDT

دائم

83.36

+1.80%

PAXG

5,079.41

+0.65%