Gold outllook

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Gold's outlook for 2026 remains uncertain, with market volatility and geopolitical risks expected to continue. Current prices reflect the main economic expectations, suggesting gold may trade within a narrow range if conditions do not change significantly. Factors that tend to support gold, such as slower growth, lower interest rates, and ongoing global tensions, appear stronger than those that could weaken it.

Under the base-case scenario, global growth stays near trend, the US Federal Reserve cuts rates modestly, and the US dollar and bond yields remain fairly stable. In this case, gold is likely to move sideways.



If the global economy slows more sharply and uncertainty increases, gold could benefit from safe-haven demand and rise strongly. A milder slowdown would still support prices. On the other hand, if economic growth accelerates and inflation picks up, higher interest rates and a stronger dollar could push gold prices lower, leading to a slight decline. Central bank buying and gold recycling will also influence prices. Continued purchases by central banks support gold, while low recycling limits supply. However, reduced central bank demand or increased selling during a severe downturn could pressure prices. Overall, the wide range of possible outcomes highlights gold's role as a stable investment and a useful hedge against uncertainty in 2026.
Back to articles

Actual Topics

Wed, 17 Dec 2025 13:35:06 GMT

Lennar Corporation earnings report

Lennar Corporation reported higher homebuilding volumes in Q4 and full-year 2025 despite weaker profitability. Q4 net earnings were $490 million, or $1.93 per share, and $514 million, or $2.03 per share, adjusted for a $123 million gain on technology investments and a $156 million one-time Millrose loss. Full-year net earnings were $2.1 billion, or $7.98 per share, and $8.06 per

Thu, 11 Dec 2025 14:55:03 GMT

Oracle earnings report

Oracle's Fiscal Year 2026 Q2 results show total revenue of $16.1 billion, up 14% year-over-year. Cloud revenue, combining IaaS and SaaS, reached $8.0 billion, a 34% increase, with Oracle Cloud Infrastructure (IaaS) at $4.1 billion, up 68%, and Cloud Applications (SaaS) at $3.9 billion, up 11%. Fusion Cloud ERP generated $1.1 billion in revenue, up 18%, while NetSuite Cloud ERP

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.