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HSBC raises 2025 average gold price forecast to $3,215/oz

RefinitivLess than 1 min read

HSBC has raised its 2025 average gold price forecast to $3,215 per ounce from $3,015 an ounce previously, the bank said in a note on Tuesday, while also raising its 2026 price forecast to $3,125 an ounce from $2,915.

The bank added that it sees year-end gold prices of $3,175 an ounce in 2025 and $3,025 an ounce in 2026.

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