Gold is consolidating just below record highs, reinforcing bullish control as shallow pullbacks, rising moving averages, and clustered Fibonacci targets point toward another upside breakout.

Gold (GLD) surged 63% in 2025. Get stock market analysis on real rates, de-dollarization, and technical momentum behind a bullish 2026 outlook—read now.

Gold and silver prices may see volatility with some consolidative bias in the coming days, says Maneesh Sharma, AVP - Com.

Gold consolidates below $4,640 as CPI cools and rate cut hopes rise, while silver holds a bullish channel with upside targets near $94.50.

Gold is holding its profit-taking pullback from fresh record highs just above $4,600 on Monday, starting the week with a bang, courtesy of escalating geopolitical tensions and intensifying concerns over the US Federal Reserve’s (Fed) independence,

Morgan Stanley forecast gold would hit $4,800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal Reserve,

After a volatile start to 2026, Gold prices could pick up amid position US inflation data and tense geopolitical developments.

Gold price has begun 2026 in a high note. Gold struck a record high ​of more than $4,600 an ounce, also buoyed by rising geopolitical tensions around Iran, although oil prices saw little reaction. U.S. gold futures for February delivery added ‌2.1 per cent to $4,595.30.

LONDON, Dec 17 (Reuters) - Gold has made its biggest jump since the 1979 oil crisis in 2025 -- with ‌prices doubling in the last two years -- a performance which might previously ‌have meant forecasts of a big correction. Yet a growing investor pool ...

In doing so, HSBC also lowered its average gold price estimate for 2026, despite laying out scenarios where the shiny yellow metal could rise dramatically. For perspective, spot gold is currently trading around $4,580 per ounce, and a jump to $5,000 would be a nearly 10% increase ( +$419.40/oz .).