Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

(888) 319-8166

Sign In
Sign In

Recession Fears Fuel Gold’s Rise as Major Banks Raise Price Targets to $3,500+

Published: 04-15-2025, 03:15 pm | Updated: 04-15-2025, 11:40 am

Goldman Sachs and UBS have issued new bullish forecasts for gold prices, raising their targets significantly. Goldman Sachs analysts now predict gold will reach $3,700 per ounce by the end of 2024 and climb to $4,000 by mid-2026. UBS is similarly optimistic, forecasting $3,500 per ounce by December 2025.

These upgraded forecasts follow gold’s impressive 6.6% surge last week, which pushed prices to a record high above $3,245 per ounce on Monday. Both banks had previously upgraded their outlooks in March, reflecting strong consensus on gold’s prospects amid global market uncertainty, particularly related to President Trump’s trade policies.

Goldman has increased its estimate of central bank gold purchases to 80 tons monthly (up from 70 tons) and maintains its recommendation to go long on gold. They highlight that rising recession risks—which they now estimate at 45% probability—could boost inflows to gold-backed ETFs. In a recession scenario, they believe gold could reach $3,880 per ounce by year-end.

Original Source: Bloomberg

Gold price outlook August 2026: chart showing gold's correction and recovery, with Jobs, CPI, and PPI data releases marking the turning point
Articles

Gold Price Outlook August 2026: What Three Data Prints in One Week Mean for Your Metals

Gold is up 10% in August from near $4,000 — its best monthly gain since January. Three data prints in one week flipped the September rate-hike calculus: jobs, CPI, and PPI all came in soft. Hike odds fell from 50% to 31%. Central banks bought a quarterly record 288.9 tonnes in Q2 even as prices fell. Here is what it means for gold holders — and what to watch before the September 15–16 FOMC.

Read More »
August 14, 2026
Gold bar resting on a crumpled supermarket receipt on a checkout counter, with a blurred retail store aisle in the background — illustrating how falling consumer sentiment and rising inflation expectations are driving gold prices higher in August 2026.
News

Gold Rebounds to $4,392 as Sentiment Crashes to 51 and Inflation Expectations Rise

The University of Michigan’s August Consumer Sentiment Index fell to 51 — missing the 54.5 consensus and ending two months of improvement — while inflation expectations rose to 4.3%. The simultaneous drop in growth confidence and rise in price expectations creates a stagflation signal that limits the Federal Reserve’s options and extends gold’s tailwind heading into September.

Read More »
August 14, 2026

Latest News

Articles
Gold Price Outlook August 2026: What Three Data Prints in One Week Mean for Your Metals
Read More
News
Gold Rebounds to $4,392 as Sentiment Crashes to 51 and Inflation Expectations Rise
Read More
News
Gold Price and the September Fed Pivot: Five Data Prints Rewrote the Odds This Week
Read More
Gold bar resting on a crumpled supermarket receipt on a checkout counter, with a blurred retail store aisle in the background — illustrating how falling consumer sentiment and rising inflation expectations are driving gold prices higher in August 2026.
News

Gold Rebounds to $4,392 as Sentiment Crashes to 51 and Inflation Expectations Rise

The University of Michigan’s August Consumer Sentiment Index fell to 51 — missing the 54.5 consensus and ending two months of improvement — while inflation expectations rose to 4.3%. The simultaneous drop in growth confidence and rise in price expectations creates a stagflation signal that limits the Federal Reserve’s options and extends gold’s tailwind heading into September.

Read More »
August 14, 2026
Load More

(888) 319-8166

Create An Account

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.