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Banks lift gold forecasts as $6,000/oz targets emerge after record rally
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Summary:Major banks are lifting gold price forecasts, with several now flagging $6,000/oz scenarios for 2026.
Deutsche Bank sees persistent investment and central bank demand driving further upside, with an upside scenario near $6,900/oz.
Reuters summarised gold price forecasts across major investment banks earlier this week.
Other major banks remain constructive, though with slightly lower central forecasts.
The renewed wave of forecast upgrades comes after spot gold surged to a fresh record high of $5,110.50 per ounce on Monday.