---
title: "Will Gold Blast Past $6,000 This Year? Wall Street Weighs In"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283393066.md"
description: "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)."
datetime: "2026-04-20T19:10:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283393066.md)
  - [en](https://longbridge.com/en/news/283393066.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283393066.md)
---

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

Gold (XAUUSD) has returned 11% this year, outperforming both S&P 500 (SPX) and the Nasdaq 100 (NDX) by a wide margin. Is more upside on the way for the precious metal?

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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.

## **Gold Outlook Split as Bulls Target $6,000+**

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.

Here's where Wall Street firms expect gold to trade at by year-end:

-   Wells Fargo: Between $6,100 and $6,300
-   Société Générale: $6,000
-   Deutsche Bank: $6,000
-   Morgan Stanley: $5,700 (bull case)
-   Goldman Sachs: $5,400
-   Bank of America: $5,000

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