Gold: Bullish outlook for 2026 – TD Securities

FXStreet Insights Team FXStreet

TD Securities has significantly upgraded its outlook for Gold, projecting an annual average price of $4,831/oz for 2026, an increase of $619/oz from previous estimates. The report also anticipates transitory trading highs of $5,400/oz for Gold in the first half of 2026. This bullish sentiment extends to other precious metals as well, with similar upgrades across the board.

Significant upgrades for precious metals

"The TD Securities Strategy team has materially upgraded the outlook for gold, silver, platinum, palladium, copper, aluminium and natural gas, from our already bullish previous projections."

"The 2026 average annual price outlook for the precious metals complex has been materially upgraded across the board."

"We see transitory trading highs of $5,400/oz for gold in the first half of 2026."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

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FXStreet Insights Team

FXStreet

The FXStreet Insights Team is a group of journalists that handpicks selected market observations published by renowned experts. The content includes notes by commercial as well as additional insights by internal and external analysts.

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