Gold price forecast 5 years assessments by bank research desks

Gold price forecast 5 years assessments by bank research desks position it as a core hedge in portfolio theory, particularly during cyclical equity downturns projected by 2026– The precious metal has been in the news lately, and many analysts are bullish on gold. In May, Goldman Sachs Research predicted gold would reach $3,700 a troy ounce by year-end 2025. That would equate to a 40% increase for the year, based on gold’s January 2 opening price of $2,633. Rising demand from central banks, along with uncertainty related to changing U.S. tariff policy, are the factors driving the increase. The silver spot price has surged over 50 percent in the first nine months of 2025, reaching a 14 year high above US$44 on September 22 after breaking through the US$40 per ounce mark in early September. Silver's price is rallying on growing economic uncertainty amid ongoing geopolitical tensions and US President Donald Trump’s escalating trade war, supported by long-term demand fundamentals. Macro hedge fund models position gold price forecast 5 years around $2,400, integrating scenarios of mild global recession and safe-haven asset demand from institutional portfolios.