Gold price forecast for 2026: Banks map a $4,275-$5,000 range after bullion’s blockbuster year
Gold ended 2025 up 65% at $4,326.55 an ounce, hitting record highs on central bank buying and safe-haven demand. Major banks raised 2026 forecasts, with JPMorgan seeing $5,055 and Goldman Sachs projecting $4,900. CME Group hiked margin requirements for metal futures after year-end volatility. Spot silver fell 7.1% to $71.04 on Dec. 31.