---
title: "Gold and silver steady as major banks revise forecasts"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286877652.md"
description: "Gold prices stabilize at $4,552/oz and silver at $77/oz amid inflation fears and rising yields. JPMorgan revised its 2026 gold forecast downward but anticipates a rise to $6,000, while HSBC increased its silver targets despite a smaller supply deficit. Key market drivers include energy shocks, geopolitical tensions, and central bank purchases."
datetime: "2026-05-19T08:23:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286877652.md)
  - [en](https://longbridge.com/en/news/286877652.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286877652.md)
---

# Gold and silver steady as major banks revise forecasts

Prices stabilize: Gold traded near $4,552/oz and silver around $77/oz after recent declines, with markets balancing inflation fears and rising yields. Forecasts diverge: JPMorgan cut its 2026 gold forecast but still sees a rise toward $6,000; HSBC lifted its silver targets despite projecting a smaller supply deficit. Key market drivers: Energy shocks, geopolitical tensions, and central bank buying remain central to price direction, alongside industrial demand trends for silver.

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