The company **Natixis** raised its gold price outlook to **$5,000 per ounce** by the end of 2026 (from $4,600 previously), due to rising concerns about U.S. debt and the stabilization of the bond market.
This is attributed to:
- Repricing of U.S. interest rate expectations (a one-rate cut probability in December).
- Higher long-term bond yields (30-year bonds near 5.3%).
- U.S. debt surpassing the $40 trillion mark.
The analyst believes that debt worries may support gold more than the impact of the opportunity cost, and that the average price could also reach about $5,000 in 2027.
*(Forecasts are not a guarantee and depend on market developments.)*
This is attributed to:
- Repricing of U.S. interest rate expectations (a one-rate cut probability in December).
- Higher long-term bond yields (30-year bonds near 5.3%).
- U.S. debt surpassing the $40 trillion mark.
The analyst believes that debt worries may support gold more than the impact of the opportunity cost, and that the average price could also reach about $5,000 in 2027.
*(Forecasts are not a guarantee and depend on market developments.)*