✉news BusinessBanking first seen 10 h ago, last 2 h ago, peak #15
ICICI Bank Sees Gold Hitting $5,000 an Ounce by 2027
Original: Gold May Reach USD 5,000/Oz In H1 2027 As Dollar, US Real Yields Ease: ICICI Bank
ICICI Bank forecasts gold could climb to USD 5,000 per ounce in the first half of 2027, driven by a weakening US dollar and easing US real yields. The projection, picked up on financial data platforms, points to a continued bullish outlook for the metal as monetary conditions turn more favourable. It is among the more aggressive bank forecasts for gold's next leg higher.
Why now: Gold's strong recent rally has investors watching bold price targets from major banks.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/2873