Bernstein has lifted its 2026 gold price target to $4,533 per ounce, according to a report cited by ChainCatcher from Jin10. The firm attributed the higher target to two factors laid out in the report: ongoing reserve diversification by central banks and its expectation that the U.S. Federal Reserve will raise interest rates no more than once or twice over the next year. The update centers on Bernstein’s revised outlook for gold into 2026 and the macro conditions it sees supporting that view. No additional details were provided in the brief report beyond the revised target and the rationale tied to central bank reserve allocation and the Fed’s expected rate path over the coming year.
ChainCatcher, citing Jin10, reported that Bernstein has raised its 2026 gold price target to $4,533 per ounce.
According to the report, Bernstein said the revision reflects reserve diversification by central banks and its expectation that the U.S. Federal Reserve will raise interest rates no more than once or twice over the next year.
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