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Gold could hit $5,000 an ounce in first half of 2026, says HSBC - REUTERS

JANUARY 08, 2026

Jan 8 (Reuters) - Gold prices could rise to $5,000 an ounce in the first half of 2026 on geopolitical risks and rising debt, HSBC said on Thursday.
However, the bank lowered its average 2026 price forecast for gold to $4,587 an ounce from $4,600, citing risks that rising prices could trigger a correction later in the year.

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It added that this correction could be deeper should geopolitical risks subside or if the U.S. Federal Reserve stops cutting interest rates.

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