Global Investment Banks Raise Gold Forecasts Following New All Time High

Major financial institutions have upgraded their 2026 gold price targets after the metal hit a record peak. The shift reflects strong demand for real assets.

Insights:
Spot Gold reached a historic all-time high of $5,110.50 on Monday, January 27, 2026. This milestone in the United States USUSand global markets has prompted a series of coordinated forecast upgrades from several tier-one financial institutions. The safe-haven metal has extended a blistering rally that saw prices climb more than 18% year-to-date in 2026, building upon a significant 64% gain recorded over the prior year.
FILE PHOTO: An employee uses a hammer to clean a gold ingot during the refining process at AGR (African Gold Refinery) in Entebbe, Uganda, October 4, 2018. REUTERS/Baz Ratner/File Photo
FILE PHOTO: An employee uses a hammer to clean a gold ingot during the refining process at AGR (African Gold Refinery) in Entebbe, Uganda, October 4, 2018. REUTERS/Baz Ratner/File Photo
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