✉news BusinessBanking first seen 18 h ago, last 3 h ago, peak #15
ICICI Bank Sees Gold Hitting $5,000 an Ounce by Early 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 dollar and easing US real yields. The projection, circulated via market commentary, points to a supportive macro environment for bullion as monetary conditions soften. Traders and investors are weighing the call against record-high gold prices and ongoing central bank buying.
Why now: Gold is trading near record highs and investors are closely watching bank forecasts for how much further the rally can run.
ICICI BankgoldUS dollarFederal Reserve
Evidence
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