Khaberni - Deutsche Bank predicted on Tuesday that gold prices would jump to $6000 per ounce in 2026 as investors continue to increase their allocations of non-dollar assets and real assets.
Gold recorded a record high level in spot transactions above $5100 per ounce on Monday, as geopolitical and economic uncertainty increased investors' interest in assets considered safe havens.
Deutsche Bank said, "According to alternative scenarios, the price per ounce might actually be more in line with $6900, reflecting the very strong performance over the past two years."
Analysts at Societe Generale also expect gold to reach $6000 per ounce by the end of the year but indicate that this might be a conservative estimate in light of the chances for further gains.
Morgan Stanley said yesterday that gold might continue to rise, pointing to a potential reach of $5700 per ounce.
Gold prices have jumped by more than 17 percent since the beginning of 2026, benefiting from a 64 percent increase last year, also supported by strong central bank purchases and inflows into exchange-traded funds, and expectations of cuts in U.S. interest rates.
