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Bernstein Raises 2026 Gold Price Targets to $4,375/oz for H2, Citing Central Bank Demand

2026-07-09 21:59:00

XAU1.17%

According to Bernstein (via Jin10), the investment bank raised its 2026 gold price targets on July 10, projecting $4,375 per ounce for the second half and $4,533 for the full year. The firm expects continued central bank gold purchases and a low probability of Federal Reserve rate hikes over the next 12 months to support prices, with the Fed likely to hike at most once or twice. Bernstein also noted that after Q2's real rate increases drove gold down from $4,650 to around $4,000, stabilizing rate expectations now present upside potential for the precious metal.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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GateUser-ad0abe79

· 1h ago

HODL Tight 💪

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GateUser-ad0abe79

· 1h ago

HODL Tight 💪

Reply0