HSBC cuts 2026 gold price forecast to $4,490/oz
HSBC lowered its average gold price forecast for 2026 to $4,490 per ounce, citing expectations of further US interest rate hikes and higher oil prices.
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HSBC cuts 2026 gold price forecast to $4,490/oz
HSBC has reduced its average gold price forecast for 2026 to $4,490 per ounce, citing anticipated further US interest rate hikes and potentially higher oil prices, which could pressure bullion in the short term.