OCBC Bank raises gold price forecast, expects to surpass the $4000 mark in 2026

[OCBC Bank raises gold price forecast, expects to break through the $4000 mark in 2026] Heng Koon How, head of global economics and market research at OCBC Bank, stated that as global retail investment demand continues to heat up, there is no sign of a slowdown in the rise of gold. Since the technical breakthrough of $3500 per ounce, gold has continued to rise over the past month. He pointed out that the strong inflow of safe-haven funds driven by concerns over de-dollarization is supporting the demand for gold ETFs, futures, and related investment products. All key long-term bullish factors for gold—especially the further weakening of the dollar and the continued increase in allocations by central banks—remain firmly in place. Coupled with the surge in retail investment interest, OCBC has further raised its gold price forecast, expecting it to surpass $4000 per ounce by 2026. (Jin Shi)