HSBC feels gold could trade as high as $5,000 an ounce in the first half of 2026.At the same time, the bank warns investors to expect anything but a smooth ride to get there. So long-term optimism aside, gold’s still flashing considerable short-term risk. In doing so, HSBC also lowered its average gold price estimate for 2026, despite laying out scenarios where the shiny yellow metal could rise dramatically. For perspective, spot gold is currently trading around$4,580 per ounce, and a jump to $5,000 wou ...