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‘We anticipate further upside for gold by year-end' – HSBC's Sels and Ku

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‘We anticipate further upside for gold by year-end' – HSBC's Sels and Ku

HSBC expects gold prices to benefit into year-end 2026, despite headwinds from rising U.S. Treasury yields and a stronger dollar. The bank cites diversification demand, ongoing central bank buying, and ETF inflows as key supports for further price gains.

Analysis

HSBC expects gold prices to benefit into year-end 2026, despite headwinds from rising U.S. Treasury yields and a stronger dollar. The bank cites diversification demand, ongoing central bank buying, and ETF inflows as key supports for further price gains.

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