2 sources • 4 verified points
Gold Retreats as Investment Banks Cut Their 2026 Price Forecasts
Gold slipped for a fourth straight day near the $4,100 level, while investment banks are rushing to lower their 2026 price forecasts. This matters to readers because, according to the source, cutting targets has become the rule rather than the exception, and analysts are divided on the next direction.
AI-written summary of 2 sources; every verified point is backed by a verbatim quote. How Iyan works
- Gold (XAU/USD) falls for a fourth straight day, trading within the $4,100 range.
«Gold (XAU/USD) is sliding through the $4,100s for a fourth straight day»
FXStreet - CIBC cut its fourth-quarter target by 31%, from $6,500 to $4,500.
«خفضت CIBC هدفها للربع الرابع 31% من 6,500 إلى 4,500 دولار»
investing.com - JPMorgan lowered its target by about 25%, from roughly $6,000 to $4,500.
«وخفض جي بي مورغان نحو 25% من نحو 6,000 إلى 4,500»
investing.com - FXStreet analysts are divided: two see room for further losses, while a third describes the situation as an asymmetric trade.
«two analysts see scope for further losses while one»
FXStreet
Sourcesinvesting.comFXStreet
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