Gold hits new highs, surpassing $4,200

Gold hit new highs again this Wednesday, reaching $4,213 per ounce (€3,620 at the current exchange rate) in the North American spot market. The commodity, in the futures market, also broke through the $4,200 (€3,610) barrier, trading at $4,232 (€3,640).

Monday was also a high for gold. On the spot market, the metal surpassed the $4,100 per ounce (€3,520) barrier, trading at $4,106 (€3,530). On the futures market, for December, the price was $4,133 per ounce (€3,550).

Gold has already appreciated 58% in the space of a year, on the spot and futures markets.

Monday was also a high for silver, trading at $52.12 (€44.78).

Banks already project gold at five thousand dollars

Bank of America projected on Monday that the price of gold will be $5,000 (€4,300) per ounce in 2026, with an average price of $4,400 (€3,780), and for 2025 it puts the price at $3,352 (€2,880).

Goldman Sachs sees gold trading at $4,900 (€4,210) in December 2026 and projects a price of $3,400 (€2,920) in 2025.

Commerzbank, for 2025, puts the price of this metal at four thousand dollars (3,440 euros) and for 2026 at 4,200 dollars (3,610 euros). Deutsche Bank for 2025 projects a price of 3,291 dollars (2,830 euros) and for 2026 considers that the metal could reach 4,300 dollars (3,690 euros) in the fourth quarter.