Gold price forecast for 2026: Banks map a $4,275-$5,000 range after bullion’s blockbuster year
NEW YORK, January 1, 2026, 14:46 ET Gold and other precious metals may have room for further gains in 2026 as interest rates are expected to fall, analysts said, after gold climbed 66% in 2025. The rally pushed bullion to record highs on economic and geopolitical risks. Tim Waterer, chief market analyst at broker KCM Trade, said: “The key fundamental drivers of central bank demand and investor positioning ahead of expected lower U.S. rates in 2026 remain intact.” Reuters That matters now because investors start the year resetting hedge ratios and rebalancing portfolios after one of the most volatile year-end stretches