HSBC sees gold prices rising to $5,000 in H1 2026

HSBC expects gold prices to reach $5,000 an ounce in the first half of this year.

HSBC expects gold prices to continue their upward momentum, reaching $5,000 an ounce in the first half of this year.

 

However, the bank cut its average forecast for gold prices in 2026 to $4,587 an ounce, down from a previous estimate of $4,600, Reuters reported.

 

The bank on Wednesday also raised its forecast for silver prices this year to $68.25 an ounce, up from $44.50 previously.

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