Gold prices soar against the trend, analysts optimistic about breaking $4000 in 2026.

In August, the price of the main contract for gold futures on the New York Commodity Exchange rose by more than 5%. Currently, the market generally expects that the Fed may cut interest rates once or even twice this year, which provides overall support for commodity prices, including gold and silver. Many international Financial Institutions are bullish on gold prices, with Credit Suisse having raised its target price for international gold in the first half of 2026 to $3,700 per ounce. Analysts at Bank of America expect that international gold prices will reach a high of $4,000 per ounce by the first half of 2026.