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Deutsche Bank forecasts gold drop to $4,300 in Q3 2026
Deutsche Bank expects the price of gold to drop to $4,300 per ounce during the third quarter of 2026, due to declining investment demand and rising expectations of a U.S. interest rate hike. There is a possibility it could fall to $3,800 if the Federal Reserve raises interest rates significantly. Nonetheless, the bank anticipates long-term support will remain intact, and prices will reach new record levels as central banks worldwide continue to increase their holdings.
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