Bob Bracket, a Wall Street analyst at Bernstein Research, raised his Gold (The value of XAUT) stock price at the end of the year and the second half of 2026.
Bracket raised the company 2027 gold the price of $ 4,533 per hour, which shows the possibility of 10.9% from the price of $ 4,087.79 on July 10. At the beginning of this month, the company set its gold price for 2026 at $ 4,180 per ounce, but it has been revised.
In addition, Bracket set the price of gold for the second half of 2026 at the price of $ 4,375 per hour, which means that 7.0% may continue in the coming months. Wall Street analysts reiterated the same sentiment that could push gold higher soon.
For example, Bracket mentioned high demand for gold from central banks around the world, led by the People’s Bank of China (PBOC). He added that the stock has strong institutional support, as evidenced by the low outflow from gold ETFs (exchange-traded funds).
At press time, US gold ETFs had $282.21 billion in assets under management, according to data from ETF.com. Bracket also said that Gold’s selling pressure could be eased in the second half of 2026, as investors hope the Federal Reserve will avoid further hikes despite fears of rising inflation, according to Finbold. report.
As such, Brackett warned investors to be wary of persistent inflation, as it could force interest rates higher. In particular, the Fed’s higher interest rates could increase sales in the gold price, thereby reducing further hikes.
How do bullish predictions for 2026 affect the price of gold?
The 2026 gold price forecast comes amid a notable year-to-date (YTD) selloff, which has also weighed on gold mining stocks. The stock has fallen from its all-time high of more than $5,500 to about $4,087.83 at press time.
Accordingly, the top gold mining stocks – including Newmont Corp. (NYSE: DON’TCompany proposal Agnico Eagle Mines Limited AEM) and Barrick Gold Corp. (NYSE: GOLD) – both locked in a bear market. However, if the price of the second Gold Bracket is met, gold mining may follow.
