HSBC Raises Gold Price Forecast for 2025 and 2026

HSBC has revised its average gold price forecasts upward for the next two years, attributing the change to increased geopolitical tensions and robust investor demand for the metal, according to a Reuters report. The bank now projects gold to average $3,215 per ounce in 2025 and $3,125 per ounce in 2026, up from its previous estimates of $3,015 and $2,915, respectively.

Read More