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FX BANK FORECAST · COVERAGE
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Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 38 institutional desks. No promotion.
FX BANK FORECAST · COVERAGE
Aggregated year-end forecasts, scenario shifts, and curated analyst notes from 38 institutional desks. No promotion.
2026 Projections · 6 Banks
The cross-firm year-end XAU/USD consensus from 6 institutional research desks — median target, full range, and the split of bullish vs bearish desks.
Bank Consensus
4,550 $/oz
LBMA 2026 Annual Forecast Survey (n=28, range $4000–$6050)
4,742 $/oz
Low
4,150 $/oz
Average
4,572 $/oz
Median
4,550 $/oz
High
4,929 $/oz
2 of 6 desks are bullish on gold, 4 neutral.
| Year-end target range ($/oz) | Desks |
|---|---|
| $4,000–4,199 | 1 |
| $4,400–4,599 | 2 |
| $4,600–4,799 | 2 |
| $4,800–4,999 | 1 |
See every desk's named year-end target, bull/bear case & quarterly path from all 6 desks
The cross-firm consensus above is free. Per-firm attribution — which desk targets what, and its quarterly path — is part of the paid tier.
| Firm | Stance | YE 2026 |
|---|---|---|
RBC Capital Markets | Bullish | $4,929 |
HSBC | Bullish | $4,750 |
Deutsche Bank | Neutral | $4,600 |
All 6 desk targets for Gold (XAU/USD)
2 forecasters say gold should be $4,060 by Fri, Nov 13. It is $4,070.59 now — a -0.3% move for the week according to the forecasters.
This week
$4,060
-0.3% vs now
2 forecasters · 1 above now, 1 below
One month
$4,268.33
+4.9% vs now
6 forecasters · 5 above now, 1 below
One quarter
$4,391.67
+7.9% vs now
6 forecasters · 5 above now, 1 below
Average of the named bank and broker forecasts in the FXStreet weekly poll. "Now" is gold's close Fri, Nov 6 ($4,070.59). Updated every Friday.
Which named desk said what — and each one's hit rate — is part of the paid tier.
8 banks target gold at $4,579 on average by the end of 2026 (3 of them give a Q4 figure) — it's $4,070.59 now: +12.5% with 8 weeks left.
Range $4,100–$4,929. 8 above today's price, 0 below.
Each bank's latest public target for the end of 2026, checked against two news sources. "Q4 figure" is the bank's fourth-quarter number (some banks publish it as a quarter average). Banks that give only a range are left out.
This week calls
67% (2/3)
Average call: 100% (1/1)
One month calls
—
Average call: —
One quarter calls
—
Average call: —
Perfect weeks
0 of 1
every 1-week call right
| Poll week | Right direction | Avg miss |
|---|---|---|
| 2026-10-30 | 67% (2/3) | 2.8% |
| Month due | Right direction | Avg miss |
|---|---|---|
| 2026-11 | 67% (2/3) | 2.8% |
"Right direction": the call was above the price at the poll and gold's close on the target date ended above its close on the poll day, or both below. "Avg miss": how far the target was from the actual close. 28 calls not scored yet.
Each bank's target, when it was published and the source is part of the paid tier.
Each named forecaster's record is part of the paid tier.