Minted one kilogram gold bars sit stacked at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, on Monday, Oct. 13, 2025. Demand for Gold exceeds USD $4,000 per ounce for the first time. Bullion is on pace for its best annual performance since the 1970s, with central banks and investors driving demand for the precious metal as a haven asset and inflation hedge. Photographer: Matt Jelonek/Bloomberg
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CNBC TV1808-12-2025, 18:14

Ventura: Gold Prices to Soar to $4,600-$4,800 by 2026 on Inflation, Fed Cuts

  • Gold is projected to reach $4,600–$4,800 an ounce by 2026, according to Ventura.
  • The rally is driven by central bank purchases, persistent inflation, widening US deficits, and concerns over the US economy and trade tariffs.
  • Expectations of a 75-basis-point Federal Reserve rate cut are also supporting investor interest in gold as an inflation hedge.
  • Long-term bullish trends include structural demand from central banks, increased gold ETF participation, and global concerns over rising budget deficits.
  • Gold continues to benefit as a safe-haven asset amid wobbly global stock markets, rising debt, and weakening US dollar trends.

Why It Matters: Gold's predicted rally to $4,800 by 2026 impacts your investment strategy.

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