Wells Fargo Investment Institute cuts gold price targets for 2026 and 2027
Wells Fargo Investment Institute lowered its 2026 year-end gold target to $4,900-$5,100/oz from $5,300-$5,500, and cut its 2027 target to $5,400-$5,600 from $5,800-$6,000. The bank still expects gold prices to rise despite the reductions.
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@DeItaone
WELLS FARGO CUTS GOLD TARGETS Wells Fargo Investment Institute lowered its 2026 year-end gold target to $4,900–$5,100/oz, from $5,300–$5,500. Its 2027 target was also cut to $5,400–$5,600, from $5,800–$6,000. Despite the reductions, Wells Fargo still expects gold prices to
@blckchaindaily
🚨 WELLS FARGO INVESTMENT INSTITUTE CUTS 2026 YEAR-END GOLD TARGET TO $4,900–$5,100/OZ FROM $5,300–$5,500; 2027 TARGET CUT TO $5,400–$5,600 $WFC $GLD