📊 Gold Price Outlook – February 2026
⭐ Near-term forecast range:
Expected trading zone: $4,300 – $5,000+ per ounce
Most likely scenario: $4,600 – $4,900 per ounce
Bullish breakout possibility: approaching $5,000 or slightly above if safe-haven demand stays strong. �
Libertex Europe +1
📈 Why this range?
Bullish drivers
Gold has surged above previous record levels driven by geopolitical uncertainty and a weaker dollar, nearing $4,988 per ounce recently. �
Reuters
Major banks (e.g., HSBC) forecast continued upward pressure with targets around $5,000 in 2026. �
Reuters
Central bank buying and safe-haven flows could sustain demand into early 2026. �
Reddit
Neutral/moderate scenario
Analysts modeling broader 2026 price action see gold’s first few months, including February, in a steady upward pattern, roughly between ~$4,369 – $4,872 moving averages. �
Libertex Europe
Risk factors/volatility
If geopolitical tensions lessen or the dollar strengthens unexpectedly, gold could see more rangebound or choppy price action between $4,200 – $4,700. �
EBC Financial Group
🔮 Summary Forecast for February 2026
Target Range:
💰 $4,500 – $4,900 per ounce (base case)
📈 Upside breakout: up to $5,000+ if momentum holds
📉 Downside risk: near $4,200 – $4,300 on pullbacks
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