Gold Market News
Gold prices ease back as fading Middle East peace hopes lift dollar. Stocks retreat as traders react to a hotter-than-expected inflation reading. Gold last traded at $4,671 an ounce. Silver at $84.65 an ounce.
May 12, 2026
Pierre Lassonde says the $40 trillion U.S. debt crisis is paving the way for gold to reach $17,250 an ounce - Kitco--5.12.26
The global financial architecture is undergoing a transformation that could push gold prices to $17,250 an ounce as it replaces the U.S. dollar, according to mining legend Pierre Lassonde. With the U.S. budget projected to exceed 7.9% of GDP, Lassonde argued the Fed is effectively "monetizing the debt and printing dollars," providing a permanent tailwind for bullion. 
Gold and silver’s historic rally could resume ‘as fog of war lifts’, market watchers say - CNBC--5.7.26
The rally in gold and silver could resume if a U.S.-Iran peace settlement is reached. Strategists expect the bull market in gold and silver to resume this year, as driving forces come back into play.
Gold prices see some renewed buying as U.S job openings falls to 6.87 million - Kitco--5.5.26
The gold market is seeing some modest buying interest as the U.S. labor market continues to tighten. March job openings fell to 6.87 million, down from February's reading of 6.92 million, according to the Labor Department's monthly JOLTS survey.
These drivers could push gold prices toward $5,900/oz by late 2026: UBS - Investing.com--4.30.26
Gold prices could reach $5,900 per ounce by late 2026, driven by U.S. midterm election uncertainty, tariff negotiations, a weaker dollar and declining real interest rates, according to UBS. UBS says investment demand is now the primary driver of buying activity, with bar and coin purchases rising 42%, largely fueled by Asian markets.
Gold prices have lost nearly 11% since the Iran war began. Reasons to buy the metal are piling up again. - Market Watch--4.27.26
The value of gold has declined since the Iran war began, but opportunity in the precious-metals market for investors isn't just about that decline in prices. The rally in oil is also expected to help boost gold's appeal too. Higher oil prices are likely to contribute to slowing GDP growth in the second quarter, and that can lift gold's appeal for investors.
Bank of America Issues Shocking Silver Forecast: $135 to $309 by 2026 - Watcher.Guru--4.24.26
Bank of America has once again shared an updated silver price forecast, predicting a $135 to $309 price for the metal to ascend in the near future. Both of the price targets are derived from the traditional gold-to-silver ratio analysis.
Gold’s role isn’t to make you rich - it’s to help you survive what’s coming, says Morton Wealth CEO - Kitco--4.23.26
For many investors, gold is an anomaly because it produces no cash flow, pays no dividend and resists conventional valuation models. According to one expert, "that's precisely the point." Over the long run, gold is a store of value, a role that is widely misunderstood, even as its long-term case strengthens.
Gold gains over 1%, spotlight on US-Iran ceasefire and CPI data - Reuters--4.8.26
Gold prices gained over 1% on Thursday as a weaker U.S. dollar lent support, while investors assessed the durability of a fragile ceasefire between Washington and Tehran and awaited U.S. Consumer Price Index data.
Gold hits nearly three-week high after US-Iran ceasefire - Reuters--4.6.26
Gold scaled nearly a three-week peak on Wednesday, as the U.S. dollar and oil prices fell after Washington and Tehran agreed to a two-week truce in their war, calming inflation worries.
Gold’s Biggest Fire Sale in 43 Years: Perception vs. Opportunity - VON GREYERZ/Gold Switzerland--3.22.26
If you are new to gold, or if you are a speculator in gold (or even worse, a levered speculator in gold), you are likely asking yourselves what in the "H. E. double tooth-picks" just happened to gold?
JPMorgan CEO Jamie Dimon said this asset could soar to ‘$10,000,’ despite dismissing it before. How 2026 is shaping up - Yahoo! Finance/MoneyWise--3.21.26
JPMorgan CEO Jamie Dimon isn’t known for making bold price calls. But during an interview in late 2025, Dimon made some pretty punchy claims when asked whether he thought gold was overvalued or undervalued.
Peter Schiff Says the Dollar Could Collapse — Central Banks Are Buying Gold to Back Up Their Currencies - Yahoo! Finance/Benzinga--3.11.26
Economist Peter Schiff is arguing that investors aren't flocking to gold because things are going well. They are doing it because confidence in the dollar, U.S. fiscal policy, and the broader economy is eroding. Schiff warns that a looming dollar and sovereign debt crisis could make 2008 "look like a Sunday school picnic."
Gold could find a safe-haven bid if the Iran war drags on - Natixis' Dahdah- Kitco--3.9.26
Although gold continues to consolidate, one expert says he expects gold to eventually start moving higher. He believes this "because of the inflationary impact that higher energy prices could have on the global economy and the resulting higher gold prices" and we could see gold creeping towards $5,500 -$5,800/oz range.
Gold prices jump as the U.S. economy loses 92k jobs - Kitco--3.6.26
The gold market is attracting some bullish momentum as the U.S. labor market showed significant weakness last month, which could force the Fed to cut interest rates more than expected through the second half of the year. At the same time, the unemployment rate rose to 4.4%, up from January's reading.
Gold to take centre stage at PDAC, with some predicting prices will hit $10,000 - Financial Post/Yahoo! Finance--2.27.26
One expert is claiming that "the best is yet to come" for gold prices and is predicting gold will run even higher in 2026, suggesting $6,000 per ounce is reasonable by year-end. Another expert claims that it is not crazy to say gold's price is going to be $10,000 by the end of the decade.
