Gold price forecasts, measured
As of 25 Oct 2026, 21:02 UTC, 10 bank forecasts for gold at the end of 2026 range from $4,000 (Bank of America) to $4,750 (Societe Generale). Other people's gold forecasts for the same date, side by side, with who said it and when. We publish no forecast of our own; we keep score.
End of 2026: where forecasts stand
Gold now: $4,000.87 25 Oct 2026, 23:00 UTC · median mid-price of 2 broker feeds we record · our price
| Forecaster | Gold, $/oz | Horizon | Issued | Source |
|---|---|---|---|---|
| Banks | ||||
| Bank of America | 4,000 | Q4 2026 avg | 30 Sep 2026 | investingLive |
| ING | 4,150 | Q4 2026 avg | 24 Aug 2026 | Kitco |
| CIBC | 4,500 | Q4 2026 avg | 20 Oct 2026 | Kitco |
| JPMorgan | 4,500 | Q4 2026 avg | 2 Jul 2026 | Kitco |
| Commerzbank | 4,500 | End of 2026 | 28 Jul 2026 | FXStreet |
| UBS | 4,600 | By Dec 2026 | 10 Oct 2026 | finanztrends |
| Deutsche Bank | 4,600 | Q4 2026 avg | 3 Aug 2026 | FXStreet |
| Goldman Sachs | 4,650 | End of 2026 | 18 Sep 2026 | TheStreet |
| Standard Chartered | 4,650 | Q4 2026 avg | 21 Sep 2026 | Kitco |
| Societe Generale | 4,750 | Q4 2026 avg | 28 Sep 2026 | Kitco |
| Forecasting websites (updated daily) | ||||
| LongForecast | 3,441 | December close | 25 Oct 2026 | LongForecast |
| Trading Economics | 3,923 | end of Q4 was 4,084 on 24 Oct 2026 | 25 Oct 2026 | Trading Economics |
| CoinCodex | 4,673 | December average | 12 Oct 2026 | CoinCodex |
Spread between the lowest and highest: $1,309 (3,441 to 4,750), median 4,500.
Forecasts as published by each source, quoted with a link; "issued" is the date the source gives. Horizons differ slightly (Q4 average, end of year, December close), so the spread and median are a rough guide, not a like-for-like comparison. Forecasting websites update their numbers daily - we keep every version since 24 October 2026. · How we measure
LBMA analysts: average for 2026
28 analysts in the LBMA Precious Metals Forecast Survey 2026 (January 2026). Average of their forecasts for the 2026 average gold price: $4,742, from 4,000 to 6,050.
Source: LBMA Forecast Survey 2026; the average is our calculation from the published individual forecasts. Scored against the actual 2026 average in January 2027.
Next week
FXStreet Forecast Poll (23 Oct 2026): 3 contributors gave a one-week target; median $4,000, range 3,980-4,000, for 30 Oct 2026.
Next week in detail, and how last week's forecasts did
Source: FXStreet Forecast Poll; median and range are our calculation.
Accuracy
Our archive started on 24 October 2026. The first forecasts in it mature from 30 Oct 2026; from then on each source gets an error score against the actual price and against a naive "no change" forecast.
Data package updated 25 Oct 2026, 21:02 UTC. All bank forecasts
Questions
What do banks forecast for gold at the end of 2026?
10 bank forecasts for the end of 2026 (or its fourth quarter) range from $4,000 (Bank of America) to $4,750 (Societe Generale); the median is $4,550 an ounce. Each is quoted with the date it was announced and a link to the source.
Which bank is the most bullish on gold?
Among the forecasts we have confirmed, Societe Generale has the highest end-2026 target, $4,750 (Q4 2026 avg, announced 28 Sep 2026). The lowest is Bank of America at $4,000.
What is the LBMA gold price forecast for 2026?
In the LBMA Precious Metals Forecast Survey 2026, 28 analysts forecast an average gold price for 2026 of $4,742 on average, from $4,000 to $6,050.
Will gold go up next week?
XAU Meter does not forecast. The FXStreet Forecast Poll of 23 Oct 2026 puts the median one-week target at $4,000 for 30 Oct 2026, from 3 contributors.
Are gold price forecasts accurate?
We are measuring it: our archive of published forecasts started on 24 October 2026, and each forecast is scored against the actual price and against a 'no change' benchmark as its target date passes.
Page data last updated: · Measured and edited by Adrian Troy · How we measure