Analysts trim gold price forecasts for 2026

Analysts lowered their gold price forecasts for 2026 due to high Treasury yields and a strong dollar. However robust central bank demand is expected to support a recovery by next year.

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FILE PHOTO: Gold imitations and a U.S. dollar banknote are seen in this illustration picture taken February 20, 2026. REUTERS/Dado Ruvic

Analysts cut their 2026 Gold price forecast to $4,495 per troy ounce following a Reuters survey of 30 market experts. The revised estimate falls from a previous projection of $4,509 as high Treasury yields persist. The United States dollar strength and elevated interest rate expectations continue to weigh on non-yielding bullion.