---
title: "HSBC expects gold prices to reach $5,000 per ounce next year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/261669817.md"
description: "HSBC predicted on Friday that the gold bull market will drive gold prices to $5,000 per ounce next year, influenced by rising risks and increased investor demand. The report noted that the average gold price forecast for this year has been raised from the previous $3,355 per ounce to $3,455 per ounce; the forecast for next year has been increased from $3,950 to $4,600, primarily due to geopolitical risks, economic policy uncertainty, and rising public debt being significant factors supporting gold prices"
datetime: "2025-10-17T16:47:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/261669817.md)
  - [en](https://longbridge.com/en/news/261669817.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/261669817.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/261669817.md) | [繁體中文](https://longbridge.com/zh-HK/news/261669817.md)


# HSBC expects gold prices to reach $5,000 per ounce next year

HSBC predicted on Friday that the rising risks and increased investor demand will drive gold prices to $5,000 per ounce next year in a bull market.

The report noted that the average gold price forecast for this year was raised from the previous $3,355 per ounce to $3,455; the forecast for next year was raised from $3,950 to $4,600, primarily due to geopolitical risks, economic policy uncertainty, and rising public debt being important factors supporting gold prices

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