Analysts ramp up gold forecasts as global uncertainties mount
Reuters·2026-02-04 12:55
Core Viewpoint - Gold is projected to achieve another record performance in 2026, driven by geopolitical uncertainty and strong central bank purchases [1] Group 1: Market Drivers - Geopolitical uncertainty remains a significant factor influencing gold prices [1] - Robust buying from central banks is contributing to the bullish outlook for gold [1] Group 2: Analyst Forecasts - Analysts are increasing their forecasts for gold prices as market conditions evolve [1]