HSBC: Gold to Hit $5,000 in 2026 🪙📈🔥
Gold prices expected to reach $5,000 in 2026 amid safe-haven demand driven by volatile geopolitics, says HSBC
Key takeaways
Price Outlook: HSBC predicts gold could reach $5,000/oz in early 2026, driven by geopolitical risks, fiscal pressures, and sustained institutional demand, despite potential volatility and pullbacks.
Safe-Haven Demand: Ongoing conflicts, US–China tensions, and policy uncertainty continue to fuel risk-off flows, while central banks remain net buyers for diversification and geopolitical reasons.
Market Dynamics: Strong institutional buying offsets weak physical demand, but elevated long positions and FOMO-driven inflows make gold vulnerable to sharp corrections, especially if rate cuts or investor momentum falter.
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