Deutsche Bank raises gold price forecast to $4,000 next year

Deutsche Bank on Monday raised its gold price forecast for next year, predicting an average price of $4,000 per ounce, up from $3,700 previously. The bank said a favorable foreign exchange and interest rate environment could drive further gains in gold prices. Deutsche Bank also raised its silver price forecast for 2026 to $45 per ounce, up from its previous estimate of $40.