Will gold "take the throne" in 2026? A US bank analysis team predicts a rapid rise to 5000 USD

According to the announcement from Jinse Finance, top strategists at a major US bank have made a surprising prediction: gold prices could reach $5,000 per ounce in 2026. This figure reflects experts’ confidence that the current bullish momentum in gold will continue in the near future.

Factors Supporting Continued Gold Price Growth

The analysis team led by Michael Widmer offers an interesting perspective: although gold is currently considered “overbought,” they believe that this asset has not yet been fully appreciated in investment portfolios. The unconventional economic policies of the United States have created favorable conditions for gold to remain attractive to investors.

Specific forecasts for the coming year indicate that the average gold price will reach approximately $4,538 per ounce. This outlook is supported by three main factors: limited supply from gold mining, low global reserves, and uneven demand from various markets.

Prospects for Other Precious Metals

This bank also upgraded its forecast for 2026 for several other metals such as copper, aluminum, silver, and platinum, reflecting an optimistic market sentiment. However, for palladium, the situation is different: this metal continues to face pressure from oversupply, which hampers its price.

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