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What are latest estimates for gold prices from top global banks?

short by Vaishnavi Mishra / on Tuesday, 25 August, 2026
Global price of gold has risen by over 17% since July 17. JPMorgan, world's largest bank by market capitalisation, forecasts gold prices could reach $6,000 per ounce, while Goldman Sachs expects prices to rise to $5,400 per ounce by late 2026. Deutsche Bank has set a target of $4,800 per ounce, followed by HSBC at $4,750 and ING at $4,600.
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