OCBC maintains a medium-term bullish outlook on gold but adjusts its long-term price targets, setting new forecasts at USD4,250/oz for 2026 and USD4,710/oz for 2027.
OCBC strategists maintain a constructive medium-term outlook for gold, though they have adjusted their long-term price expectations downward. The revised forecasts reflect a recalibration of future price targets to USD4,250/oz for the end of 2026 and USD4,710/oz for the end of 2027.
The forecast for end-2026 is USD4,250/oz.
The forecast for end-2027 is USD4,710/oz.
OCBC strategists Sim Moh Siong and Christopher Wong maintain a constructive outlook on gold for the medium term. Despite this bullish stance, the bank has revised its price targets downward, projecting gold to reach USD4,250 per ounce by the end of 2026 and USD4,710 per ounce by the end of 2027.
OCBC strategists remain constructive on gold over the medium term, despite lowering their specific price targets for the coming years.