HSBC: Gold May Break Through $4,000 in the Short Term
Jinse Finance reported that HSBC stated: Due to geopolitical risks, fiscal uncertainty, and threats to the independence of the Federal Reserve, gold may break through the $4,000/ounce mark in the short term. Boosted by official sector purchases, the upward trend in gold prices is expected to continue until 2026, and institutional demand for gold as a diversification tool may remain strong. However, as the Federal Reserve's rate-cutting cycle ends, physical demand remains sluggish, and supply increases, the upward momentum of gold prices may slow down in the second half of 2026.
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