Macquarie Raises Price Forecasts of Gold $XAU and Silver for 2026 Amid Market Volatility ⛏️📈
Macquarie has revised its 2026 price outlook for gold and silver after a month of extreme turbulence in market and political background. The bank cited about sharp movement of price in precious metals market and expressed concerns around US Fed leadership. Gold price recently touched $5,000 per ounce 🟡, while silver price showed sharp movements.
The bank has increased its Q1 gold price forecast to $4,590/oz 🔺 (previously $4,300) and raised the Q2 target to $4,300/oz. Its 2026 annual average gold price was increased to $4,320/oz. For silver, Q1’s target raised to $75/oz (from $55) and the full-year average price was raised to $62/oz 🔷.
Macquarie noted thak January was unusually eventful with geopolitical shocks and macro news which created high volatility in market. Some of the price movement gold was not even aligned with fundamental indexes. The bank said for a while it will keep long-term forecasts unchanged, citing the ongoing gap between market volatility and underlying drivers.
Renowned banking institutions forecasts and central banks gold buying signals stronger long-term demand for precious metals. Traders and investors should watch macro headlines and Fed's stance closely, as these can trigger big price movement in gold and silver.
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