Reuters survey: the median gold price forecast for 2026 rises to $4916, hitting a new high since the survey began.

An Reuters survey released on Monday showed that analysts have raised their annual gold price forecasts. Despite risks such as soaring inflation due to conflict in the Middle East and expectations of hawkish policies, strong demand from central banks and economic uncertainty are expected to offset these impacts. Once tensions ease, the overall upward trend in gold prices is expected to resume. According to a survey of 31 analysts and traders conducted over the past three weeks, the median gold price forecast for 2026 is $4,916 per ounce, the highest annual forecast value since Reuters began this survey in 2012. This latest forecast is higher than the estimate of $4,746.50 three months ago. A year ago, a similar survey showed an average forecast of only $3,000 for 2026. As for silver, analysts predict an average silver price of $78 per ounce in 2026, lower than the forecast of $79.50 three months ago.