Bernstein Raises 2026 Gold Price Target To $4,533 Per Ounce

Bernstein raised its 2026 gold price target to $4,533 per ounce, citing central banks' ongoing reserve diversification and expectations that the Federal Reserve will raise rates only once or twice over the next year. According to ChainCatcher, the forecast reflects Bernstein's view that official-sector buying and a limited rate-hike cycle could support gold prices.