<div id="readability-page-1"><p>Gold (XAUUSD) has returned 11% this year, outperforming both S&amp;P 500 (SPX) and the Nasdaq 100 (NDX) by a wide margin. Is more upside on the way for the precious metal?</p><h3>Claim 30% Off TipRanks</h3>Forget margin or options. Here's how the pros trade QQQ <p>Wall Street's year-end price targets for gold range between $4,450 and $6,300. JPMorgan commands the highest price target on the Street and believes that gold will continue to climb, driven by strong demand from central banks and investors.</p> <h2><strong>Gold Outlook Split as Bulls Target $6,000+</strong></h2> <p>On the other hand is HSBC, which carries the lowest price target. While the firm expects gold to climb to $5,000 during the first half of the year, it also points out the risk of a sharp correction following a steep uptrend.</p> <p>Here's where Wall Street firms expect gold to trade at by year-end:</p> <ul> <li>Wells Fargo: Between $6,100 and $6,300</li> <li>Société Générale: $6,000</li> <li>Deutsche Bank: $6,000</li> <li>Morgan Stanley: $5,700 (bull case)</li> <li>Goldman Sachs: $5,400</li> <li>Bank of America: $5,000</li> </ul></div>

600547

GOLD

600489

<p>Gold has risen 11% this year, outperforming major indices. Wall Street's price targets for gold range from $4,450 to $6,300, with JPMorgan predicting continued growth due to strong demand. HSBC offers a cautious outlook, expecting $5,000 but warns of potential corrections. Other firms' targets include: Wells Fargo ($6,100-$6,300), Société Générale ($6,000), Deutsche Bank ($6,000), Morgan Stanley ($5,700), Goldman Sachs ($5,400), and Bank of America ($5,000).</p>

Tip Ranks

SD-GOLD

Gold.com

ZHONGJIN GOLD

Kinross Gold

Zijin Mining

Newmont

Agnico Eagle Mines

Direxion Daily Jr Gold Miners Bull 2X

Us Gbl GLD & Met

GLOBAL X Gold Explorers

Pro Ultr GLD

VanEck Gold Miners ETF

EFUND GOLD MI-U

VanEck Junior Gold Miners ETF

iShares MSCI Global Gold Miners

YieldMax Gold Miners Opt Inc Strgy ETF

Direxion Daily Gold Miners Bull 2X

SPDR Gold Shares

EFUND GOLD MI-R

EFUND GOLD MI ETF

Sprott GLD Miners Etf

iShares Gold Trust

Roundhill Gold Miners Weeklypay ETF

Microsectors Gold Miners 3x Leveraged ETN

SPDR Gold Minishares

ChinaAMC Gold ETF

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

Abrdn Gold ETF Trust

S&P 500

NASDAQ-100

Invesco QQQ Trust

JPMorgan Chase

HSBC

HSBC HOLDINGS

Wells Fargo

Société Générale

Deutsche Bank AG

Morgan Stanley

Goldman Sachs

Bank of America

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

HSBC 5xShortSG241213

HSBC Holdings Plc

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

GS Hldg R

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

Will Gold Blast Past $6,000 This Year? Wall Street Weighs In