Major Banks Just Raised Their 2026 Gold Targets โ Here's Where They See XAU Headed ๐ฆ๐
The consensus on Wall Street is getting louder and clearer for 2026: Gold's structural bull run is far from over. In a significant move, top-tier banks have recently and aggressively raised their price targets.
The New Targets Speak Volumes:
ยท Goldman Sachs: **$5,400/oz** by Dec 2026 (raised from $4,900) .
ยท J.P. Morgan: Avg. $5,055/oz** by Q4 2026, targeting **$5,000+.
ยท Bank of America: $5,000/oz.
The Core Driver: This isn't just speculative hype. Analysts point to sustained structural demandโparticularly from central banks diversifying reserves and private investors hedging global policy risksโas a fundamental pillar supporting higher prices .
Key Takeaway: While pullbacks are normal, the institutional narrative for XAU in 2026 has turned decisively bullish. The path to $5,000+ is now a base case for major firms.
What's your year-end target for $XAU? Share your analysis below.
