#GoldSilverRally #XAU #XAUUSD_GOLD Gold prices could climb to $6,000 per ounce by the end of 2026, according to David Wilson of BNP Paribas. During the second quarter, COMEX gold futures dipped slightly by 0.1%, trading around $5,075.5 per ounce, yet BNP’s outlook still implies roughly 20% upside ahead.
Ongoing support for gold is coming from global central banks. For example, the Central Bank of Poland previously announced plans to increase its gold reserves by an additional 150 tons. At the same time, gold-backed ETFs continue to see consistent inflows, Wilson said in an interview with Bloomberg TV.
Despite this support, Wilson noted that gold may not maintain the same pace of gains indefinitely, as it operates within a different asset framework compared to other markets.
Meanwhile, silver futures slipped 0.7% to $81.64 per ounce, while platinum futures declined 0.6% to $2,104 per ounce.
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