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Gold Prices Expected to Soar to $5,000 by 2026

10/19/2025

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Summary

Story summary

HSBC Holdings plc (HSBC) forecasts that gold prices will rise to an average $3,455 per ounce in 2025 and $5,000 by 2026.
Bank of America Corp. and Goldman Sachs Group Inc. project prices between $4,400 and $5,000 per ounce.
The World Gold Council expresses confidence in gold's stability.
Silver is expected to stay between $44 and $50 per ounce.

History

Historical Context

The Gold Standard Act of 1900, signed by President William McKinley, established gold as the sole backing for U.S. currency at a fixed rate of $20.67 per ounce. This act formalized the gold standard, which persisted until the Great Depression, when President Franklin D. Roosevelt suspended it in 1933. Today, renewed interest in gold reflects ongoing economic uncertainties and potential shifts in monetary policy.

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Story summary

HSBC Holdings plc (HSBC) forecasts that gold prices will rise to an average $3,455 per ounce in 2025 and $5,000 by 2026.
Bank of America Corp. and Goldman Sachs Group Inc. project prices between $4,400 and $5,000 per ounce.
The World Gold Council expresses confidence in gold's stability.
Silver is expected to stay between $44 and $50 per ounce.

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