UBS raises Q2 2026 gold price target to $3,600/oz

A summary of the most important gold news and analysis of the last week.

Gold price: $3,329.59 $XAUUSD ( 0.0% ) [View live gold price.]

Change from last week: -$14.40 (-0.43%)

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• Gold is more like Manhattan real estate than oil, according to Goldman Sachs [Business Insider]

• Central banks and long-term investors fuel gold’s surge [InvestingHaven]

"Why institutional demand and safe-haven buying are powering gold’s rally."

• Central bank gold demand cools but Fed cuts will boost bullion price, silver ETFs climb as coins slide – Heraeus [Kitco]

• Central banks buy 166t gold as BRICS pushes de-dollarization forward [Watcher Guru]

• Asia’s richest families are on a gold hustle [Bloomberg]

• UBS raises Q2 2026 gold price target to $3,600/oz, sees strongest gold demand since 2011 [Kitco]

• Gold prices poised to reach $3,600 in int'l markets by year-end amid global uncertainty: Ventura [Outlook Business]