{"id":131773,"title":"Analysts forecast gold could hit $6,000 an ounce in 2026","publisher":"Share Talk","author":"sharetalk","published":"2026-01-21T17:02:12+00:00","modified":"2026-01-21T17:10:21+00:00","canonical_url":"https://www.share-talk.com/analysts-forecast-gold-could-hit-6000-an-ounce-in-2026/","markdown_url":"https://www.share-talk.com/analysts-forecast-gold-could-hit-6000-an-ounce-in-2026.md","json_url":"https://www.share-talk.com/analysts-forecast-gold-could-hit-6000-an-ounce-in-2026.json","category":"Blogs","categories":["Blogs","Gold","Mining"],"tags":["Denmark","Endeavour Mining","Fed","Federal Reserve","Finland","FRANCE","FTSE 100","GERMANY","Glencore","Greenland plan","Martin Luther King Day","mining stocks","Nasdaq Composite","NATO alliance","Netherlands","Norway","S&P 500","Sweden","UK","United States","US markets","Wall Street"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/10/GOLD-BAR-25TH-OCT-scaled.webp?fit=1200%2C800&quality=80&ssl=1","format":"news","language":"en-GB","content":"Gold prices could climb as high as $6,000 an ounce in 2026, according to analysts surveyed by the **London Bullion Market Association**.\n\nBullion rose 2.7pc earlier on Tuesday to a fresh record of $4,888 an ounce, as **Donald Trump** arrived in Switzerland ahead of a closely watched speech to world leaders in Davos.\n\n[Gold ($4,888/oz)](https://www.share-talk.com/sp-angel-todays-market-view-wednesday-21st-january-2026/)**soars higher as Japanese bond market sells-off and EU holds firm against Trump**\n\n- Gold has rallied 2% overnight, touching record highs of $4,888/oz despite some profit taking in Gold ETFs.\n\n- A safe-haven bid continues, with gold favoured over US Treasuries and Bitcoin which both sold off yesterday.\n\n- The 10-year climbed to 4.3%, as funds shunned US government debt on continued erraticism from Trump.\n\n- Danish pension fund Akademiker is selling $100m of US Treasuries in response to Trump’s move for Greenland.\n\n- The dollar is ticking higher this morning, having been weak vs the Euro.\n\n- The Japanese Yen has weakened to June 2024 levels amid a sustained sell-off in Japanese government debt.\n\n- 10-year Japanese bond yields saw their sharpest jump since 2022, whilst 30-year yields climbed the most since 2003.\n\n- PM Takaichi called a snap election on Monday and is calling for increased stimulus, raising fiscal concerns.\n\n- Global bond markets have been selling-off through the post-Covid era, as traders price in higher deficits amid increased monetary stimulus\n\n- Elsewhere, Bloomberg reports China is accelerating plans to boost bullion trading, with MoU between Hong Kong and Shanghai Gold Exchange planned to establish a central clearing system to boost liquidity.\n\n- China seems to be looking to remove the LBMA’s authority in bullion trading, enticing *‘friendly’ *countries to store and trade their gold via Shanghai.\n\n- Hong Kong Gold Exchange daily gold turnover has climbed 22x to $2.9bn in 2025, vs $100m in 2010.\n\n- **Major themes to watch for gold:**\n\nEscalating tensions between China-US and EU-US\n\n- Continued erosion of Fed independence by the White House\n\n- Further broadening of participation from Asian investors in gold markets, spearheaded by China\n\nOf the 28 analysts surveyed, 22 expect gold to reach highs above $5,000 next year. Five see prices breaking through the $6,000 level, while one forecast a move as high as $7,000 an ounce.\n\nAnalysts said the bullish outlook is being driven by expectations of lower US interest rates, continued central bank diversification away from the dollar, and elevated geopolitical tensions."}