https://newsletter.mw.creamermedia.com
Gold|Lifting
Gold|Lifting
gold|lifting

BofA hikes gold price forecast to $5 000/oz for 2026

13th October 2025

By: Reuters

  

Font size: - +

Bank of America Global Research on Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5 000 an ounce, with an average of around $4 400.

Gold surged above $4 000 an ounce for the first time ever on October 8. Gold prices scaled to another record high at $4 079.62 on Monday as investors revved up their safe-haven bets after US President Donald Trump renewed tariff threats against China, while expectations of US interest rate cuts added to the metal's allure.

The bank sees the risk of a correction near-term, but still expects a further upside in 2026.

"Looking into 2026, a 14% increase of investment demand - similar to what we have seen this year - could lift gold to $5 000/oz," the bank noted.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Latest News

Magazine round up | 20 February 2026
Magazine round up | 20 February 2026
Updated 35 minutes ago

Showroom

Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 
AQS Liquid Transfer
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Resources Watch
Resources Watch
18th February 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.129 0.214s - 127pq - 2rq
Subscribe Now