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Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs

By Anmol Choubey (Reuters) -Deutsche Bank raised its gold price forecast by 300fornextyeartoanaverageof300 for next year to an average of 4,000 per ounce on Wednesday, due to strong central bank demand, potential U.S. dollar weakness and a resumed Federal Reserve rate-easing cycle. The bank raised its forecast from a previously expected $3,700/oz in April, citing factors including downside risks to the Federal Reserve's base case of holding rates steady in 2026 following three anticipated rate cuts in 2025. It flagged uncertain ...