Multiple international financial institutions: Gold prices are expected to hit $5,000 per ounce next year.

Several international investment banks recently released their investment outlook reports for 2026, providing opinions on the trends of major commodities including gold and silver. The co-head of commodities research at Goldman Sachs stated, "Our price target for gold in December 2026 is $4,900 per ounce." The outlook reports from various international financial institutions project that the international gold price is expected to reach the key psychological level of $5,000 per ounce in 2026, with the average price of gold for the year expected to be between $4,400 and $4,500 per ounce. Experts say that in the future, the use of gold to hedge against the risk of dollar-denominated assets will continue. While the price of gold will fluctuate, there will still be potential for appreciation overall. Recently, the price of silver futures has been hitting new highs with increased volatility. Analysts point out that in the near future, factors such as supply-demand imbalances and hoarding of physical silver in the US market may continue to drive the price of silver higher. However, since silver does not have the support of large-scale buying from global central banks, market speculation may intensify price volatility.