🟡 GOLD COULD TARGET $5,000 BY END-2026

Gold has recovered toward $4,380/oz, while UniCredit maintains a revised year-end 2026 forecast range of $4,300–$5,000.

🔑 Key Points:
• Gold closed Friday near $4,380
• Weekly gain: +0.75%
• UniCredit upper target: $5,000
• Central-bank purchases continue supporting demand
• ETF inflows and portfolio diversification remain key drivers
• Higher interest rates remain a major headwind for gold

📈 Market Insight:
Gold remains supported by central-bank demand, investor diversification and concerns around fiscal deficits and public debt. However, higher yields could limit the upside.

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