Late last year, most big banks and financial institutions were projecting $5,000 gold. With that level now breached, many have upped their forecasts in recent months. Here is a list of big bank gold outlooks as compiled by Reuters.
- JP Morgan – $6,300
- UBS – $6,200
- https://www.moneymetals.com/news/2026/02/10/canadian-bank-ups-2026-gold-forecast-to-6000-004682">CIBC – $6,000
- Deutsche Bank $6,000
- Societe Generale – $6,000
- Morgan Stanley – $5,700
- Goldman Sachs – $5,400
- Citi – $5,000
- https://www.moneymetals.com/news/2025/10/14/bank-of-america-ups-gold-2026-price-forecast-to-5000-004411">Bank of America – $6,000