Macquarie Group raises gold price forecasts for 2026 amid market volatility
The bank increased its average 2026 gold forecast to 4,323 dollars per ounce. This adjustment follows extreme market volatility and recent record price highs.
Insights:
Macquarie Group Limited has raised its average gold price forecasts for the first quarter, second quarter, and full-year 2026, according to an announcement made today, February 5, 2026. The bank stated that it will defer revising its longer-term expectations due to a significant disconnect between market fundamentals and extreme volatility. This update materially alters the near-term commodities outlook for Macquarie Group Limited and signals higher expected gold prices for the remainder of the year.
