Will gold hit $6,000 by end of 2026?
Central banks hold about $5 trillion in gold, highlighting rising demand for the metal as a safe-haven amid global uncertainty
Business Desk
The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.
Gold prices continue to surge, with major forecasts still pointing to a possible climb toward $6,000 per ounce by the end of 2026.
Despite already strong gains this year, leading global banks such as JPMorgan, Goldman Sachs, and UBS maintain an optimistic outlook for gold, projecting a potential rise to $6,000 per ounce by late 2026.
Analysts cite sustained central bank buying as a key driver behind the bullish forecast. According to market estimates, central banks had accumulated gold reserves worth around $5 trillion by December 2025, underscoring growing demand for the metal as a safe-haven asset amid global economic uncertainty.
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