Deutsche Bank: Raises gold price forecast for next year to $4,000
Source: Odaily
Time: 2025-09-17 16:25:08
Odaily Planet Daily News Deutsche Bank raised its gold price forecast for next year on Monday, with an average price of $4,000 per ounce, up from the previous $3,700. The bank said a good foreign exchange and interest rate environment could drive gold prices to rise further. "Although gold has become more expensive than its fair value, we believe this is mainly due to strong official demand, which we expect to continue," Deutsche Bank pointed out in the report. Meanwhile, Deutsche Bank also raised its forecast for silver prices in 2026 to $45 per ounce, previously estimated at $40. (Jin Shi)