HSBC Predicts Gold to Reach $5,000/oz in H1 2026 Amid Geopolitical Risks

HSBC predicts gold prices could surge to $5,000 per ounce in the first half of 2026, citing geopolitical tensions, fiscal pressures, and sustained investment demand as key drivers. While volatility is expected, strong underlying support is anticipated. Gold reached a record $4,548/oz in late December 2025, fueled by safe-haven flows and a weaker dollar..

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