HSBC: Gold prices are expected to fluctuate between $3800 and $4,700 per ounce for the remainder of 2026

On 9 July, HSBC: Gold prices are expected to fluctuate between $3800 and $4,700 per ounce for the remainder of 2026; the price at the end of the year is $4750 per ounce. The average gold price projections for 2026 and 2027 were revised downwards to $4560 and $4925 per ounce, respectively, compared with the previous projections of $4864 and $5,000 per ounce. Gold prices are expected to be $5025 per ounce at the end of 2027. Kim Xian