Spot gold has broken through the 3700 mark, with major investment banks collectively bullish on gold

Zhitong
2025.09.16 14:46

  1. Société Générale: It is expected that gold will reach $4,000 per ounce within 3-6 months.

  2. Bank of America: Maintains the target of gold reaching $4,000 by 2026.

  3. State Street Global Advisors: There is a high possibility that gold will rise another $500 within the next 6-12 months.

  4. Goldman Sachs: If the credibility of the Federal Reserve is damaged, gold prices could rise to nearly $5,000 per ounce.

  5. Lombard Odier: Gold continues to be supported by multiple factors, raising the 12-month target price to $3,900 per ounce.

  6. Morgan Stanley: Expects about a 5% upside for gold by 2025, with prices potentially reaching a peak of $3,800 per ounce by the end of the year.

  7. ANZ Bank: Raises the 2025 year-end gold target price from $3,600 per ounce to $3,800 per ounce, expecting gold to reach nearly $4,000 per ounce by June 2026.

  8. UBS: Raises the gold target price for the end of 2025 to $3,800 per ounce, and expects it to reach $3,900 per ounce by mid-2026

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