Gold prices could reach $4,000 in 2026: Deutsche Bank

17/09/2025 Argaam

Deutsche Bank expects gold prices to rise to $4,000 per ounce in 2026, after reaching record highs this year amid economic uncertainty.

 

The German bank noted that favorable interest rates could drive further gains for the yellow metal, prompting it to raise its gold price forecast to $4,000 per ounce from $3,700.

 

The bank also expects silver prices to reach $45 per ounce in 2026, up from its previous estimate of $40.

 

Gold has been one of the best-performing commodities this year, rising nearly 40% since year-to-date (YTD), supported by central bank buying, exchange-traded fund inflows, and trade tensions.

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