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Deutsche Bank Predicts Gold Could Reach $4,950 in 2026 Amid Strong Demand

Deutsche Bank Predicts Gold Could Reach $4,950 in 2026 Amid Strong Demand

Author:

Global Cryptocurrency

Published:

2025-11-26 21:24:02

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BTCCSquare news:

Gold (XAUUSD) has surged 58% this year, marking its best performance since 1979. Deutsche Bank forecasts further gains in 2026, with a price range of $3,950 to $4,950 and a revised target of $4,450, up from $4,000. The bank cites robust demand from central banks and ETFs as key drivers, projecting a 7% to 19% upside from current levels.

A price floor of $3,900 is expected, supported by sustained ETF inflows. The bank also issued a 2027 target of $5,150. Risks remain, however, as gold's correlation with risk assets could lead to declines if the Fed cuts rates less than anticipated or if reserve managers slow purchases.

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