$XAU Gold Price Will Reach $6,000/oz by end of 2026 — BNP Paribas SA 🟡📈
BNP Paribas predicts $PAXG or gold price may climb to $6,000 per ounce by year-end as ongoing macro and geopolitical risks push investors toward safe-haven metals 🟡. The bank says the gold–silver price gap may widen significantly, specified that silver does not offer the same risk protection as gold.
Strong demand from central-banks (including Poland’s central banks surprising moves of 150‑tons of gold buying ) and steady investment inflows into gold ETFs are increasing gold demand 🏦📊. Despite short-term corrections, retail and institutional interest over gold remains high, with China’s central bank continuing purchases for the 15th month in January. Major banks like Deutsche Bank and Goldman Sachs also forecasts about a long-term recovery in gold price, making the outlook favorable for investors of $PAXG
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