OCBC Raises Gold Price Target to $5,600 per Ounce by End of 2026

OCBC has announced an increase in its gold price target for the end of 2026. According to Odaily, the bank has revised its forecast, setting the new target at $5,600 per ounce. This adjustment reflects OCBC's outlook on the precious metal's future value. The decision comes amid ongoing evaluations of market conditions and economic factors influencing gold prices.