Institutions remain vigilant about raising their gold price forecasts, as the precious metal continues to benefit from persistent U.S. macro risks, central bank demand, and inflows from exchange-traded funds.
UBS on Monday raised its end-March 2026 gold price forecast by $100 to $3,600 per ounce, citing sticky inflation, weak U.S. growth prospects, and dollar softness. According to CNBC, the bank also increased its end-June 2026 forecast by $200 to $3,700 per ounce, introducing a new end-September 2026 target at the same level.
