New peaks, new signals in gold: New forecast for ounce gold

The year 2025 was an unforgettable one for gold investors. Both gram gold and ounce prices reached historic levels due to the search for a safe haven, geopolitical tensions, and the reserve policies of central banks.

While gram gold broke a record at 4,470 TL, ounce gold also saw all-time highs by exceeding 3,500 dollars.

These developments brought new questions for investors: "Will the rise continue, or is a correction on the horizon?"

2026 FORECAST FROM FIDELITY

According to the news in Türkiye Gazetesi, Fidelity International, one of the world's leading investment companies, shared its long-term expectations regarding gold prices.

Fund manager Ian Samson stated that gold prices could rise even further with expectations that the US Federal Reserve (Fed) will ease its monetary policy. Samson's forecast is striking:

"If interest rate cuts begin, the dollar loses value, and central banks continue to increase their reserves, ounce gold could see 4,000 dollars by the end of 2026."

INVESTORS TURNED THE DECLINE INTO AN OPPORTUNITY

After gold exceeded 3,500 dollars and saw a new peak, a short-term correction occurred in the market. However, this decline turned into a buying opportunity for many investors.

Samson emphasized that the tendency for portfolio diversification increases, especially during periods of low trading volume in the summer months, and that the orientation toward gold has accelerated.

GOLDMAN SACHS ALSO EXPECTS A RISE

Following Fidelity, a similar forecast came from Goldman Sachs. The US-based investment banking giant predicts that ounce gold could see 3,700 dollars by the end of the year and 4,000 dollars in 2026.

According to this view, gold will continue to be the investor's preferred safe haven in the shadow of global economic uncertainties.

"IT MAY NOT BE PERMANENT"

However, not every analysis is optimistic. Some major investment institutions, such as Citigroup, argue that gold may not be able to remain at current levels.

According to this view, gold's high trajectory could end if the Fed's interest rate cut decision is delayed or if the economic recovery is faster than expected. Citigroup analysts state that gold could fall back below 3,000 dollars.

News Source: 12punto