Reply to thread

Message

<blockquote data-quote="Maddog" data-source="post: 480445" data-attributes="member: 5355"><h4>Analysts Double Down on Gold Despite Selloff </h4>A Reuters poll of <a href="https://www.reuters.com/business/finance/analysts-ramp-up-gold-forecasts-global-uncertainties-mount-2026-02-04/" target="_blank">30 analysts shows median 2026 gold forecasts rising to $4,746 per ounce.</a> That’s up from $4,275 in October and nearly double last year’s $2,700 forecast. It’s the highest annual projection in Reuters polling history, which dates back to 2012. The upgrades come despite gold’s recent $900 pullback from record highs. Analysts argue the core drivers remain intact. They point to rising geopolitical risks, steady central bank buying, questions around Fed independence, growing U.S. debt, and ongoing de-dollarization. Deutsche Bank says gold’s long-term tailwinds remain firmly positive. J.P. Morgan continues to target $5,000 by year-end. Silver forecasts also moved higher, rising to $79.50 from $50. Analysts caution, however, that silver volatility will stay elevated as industrial demand softens and speculative positions unwind.</blockquote>

[QUOTE="Maddog, post: 480445, member: 5355"] [HEADING=3]Analysts Double Down on Gold Despite Selloff [/HEADING] A Reuters poll of [URL='https://www.reuters.com/business/finance/analysts-ramp-up-gold-forecasts-global-uncertainties-mount-2026-02-04/'][B]30 analysts shows median 2026 gold forecasts rising to $4,746 per ounce.[/B][/URL] That’s up from $4,275 in October and nearly double last year’s $2,700 forecast. It’s the highest annual projection in Reuters polling history, which dates back to 2012. The upgrades come despite gold’s recent $900 pullback from record highs. Analysts argue the core drivers remain intact. They point to rising geopolitical risks, steady central bank buying, questions around Fed independence, growing U.S. debt, and ongoing de-dollarization. Deutsche Bank says gold’s long-term tailwinds remain firmly positive. J.P. Morgan continues to target $5,000 by year-end. Silver forecasts also moved higher, rising to $79.50 from $50. Analysts caution, however, that silver volatility will stay elevated as industrial demand softens and speculative positions unwind. [/QUOTE]

Verification

What is the most common fish caught on this site?

Reply to thread

Recent Posts

Friends of NDA