Gold Price Outlook: Path to $5,000 Amid Geopolitical Tensions
Gold's relentless rally continues to defy expectations, with analysts now eyeing a $5,000 price target as the metal cements its status as the world's premier reserve asset. HSBC projects a near-term surge to $5,050 before consolidation at $4,450 by late 2026, though Federal Reserve policy remains a key variable.
Market strategists highlight brewing geopolitical risks and institutional demand as structural drivers. 'Gold is preparing for its first major MOVE toward $5,000+ this cycle,' notes Rashad Hajiyev, a metals strategist, citing macroeconomic uncertainty and currency debasement concerns.
The rally shows no signs of being a temporary spike. Central bank accumulation and ETF inflows suggest sustained momentum, with technical indicators pointing to minimal resistance until the $5,000 psychological barrier.