ADVERTISEMENTThe London Bullion Market Association's annual precious metals forecast survey shows analysts projecting gold rising as high as $7,150 and averaging $4,742 in 2026. ROBUST CENTRAL BANK PURCHASESCentral-bank gold buying, a key driver of prices in ‍2025, is expected to stay strong this year. Goldman Sachs forecasts purchases to average 60 metric tons a month as emerging-market central banks continue diversifying reserves into gold. Gold ETFs saw record inflows in 2025, led by North American funds, according to World Gold Council data, with annual inflows surging to $89 billion. Gold demand for jewellery has weakened amid high ⁠prices, partly offset by a strong appetite ​for small bars and coins in key markets such as India.

Source: The Telegraph January 26, 2026 12:33 UTC