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The Economic Times

Business

Anupam Nagar

Global Market: HSBC cuts gold price forecasts for 2026-27 on hawkish Fed outlook

HSBC Gold United States

HSBC has lowered its average gold price forecasts for 2026 and 2027, citing a stronger U.S. dollar and a shift in expectations for a more hawkish U.S. Federal Reserve, according to a Reuters report.

The bank reduced its average gold price forecast for 2026 to $4,560 per ounce from $4,864, while trimming its 2027 forecast to $4,925 from $5,000.

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