HSBC Raises Gold Price Targets; Warns Rally May Have Peaked
HSBC analysts have raised their gold price forecasts but caution that the metal’s recent surge may be approaching a plateau. In their updated outlook, HSBC now expects gold to reach $3,215 per ounce in 2025, a revision up from their prior projection of $3,015. Despite this higher target, the bank’s team notes that the bulk … Read more