Gold Finds Another Record as Traders Eye Further Upside

Core Viewpoint - Gold futures have reached a new high, with expectations for further increases, potentially reaching $5,000 per troy ounce by the end of 2026, driven by strong ETF flows and resilient central bank buying [2][3]. Group 1: Market Performance - Front-month gold closed up 0.7% at $4,138.70 per troy ounce, marking the third consecutive positive finish [2][3]. Group 2: Forecasts and Expectations - Societe Generale has updated its target prices for gold, forecasting it to hit the $5,000 threshold by the end of 2026 [2][3].