Wall Street Banks Set Bold Gold Targets for 2026

Wall Street's major banks have set ambitious gold price targets for 2026, with JPMorgan predicting $6,300 per ounce by year-end, Deutsche Bank projecting $6,000, Goldman Sachs targeting $5,400, and UBS forecasting $5,900. According to BeInCrypto, these predictions come as gold trades near $4,548, down 16% from its January peak. Meanwhile, Russian retail investors are rapidly increasing their gold purchases, with the Moscow Exchange reporting a trading volume of 42.6 tonnes in March 2026, a significant rise from the previous year. Monetary volume surged to 534.4 billion rubles ($7.1 billion).