Analysts project gold to trade under $4,500 per ounce by end‑2026, per Michael Antonelli (Baird Private Wealth Management).
Reuters survey of 31 analysts shows median 2026 price $4,916, up from $4,746.50 three months earlier and $3,000 last year.
Gold peaked near $5,595 in late January, fell ~11% after US‑Israel strikes on Iran in February.
Analysts cite Fed rate cuts, technical break above 50‑day average, and central‑bank buying as catalysts for future rally.