Kuala Lumpur, 12 May 2026 – Gold prices are expected to trend higher toward US$5,600 per troy ounce by the end of 2026, as prolonged geopolitical conflict in West Asia, macroeconomic uncertainty and continued central-bank buying keep demand for the precious metal well supported.
UBS has maintained a bullish outlook on gold, citing persistent global risks and strong demand from investors seeking protection against inflation, currency volatility and geopolitical shocks. The bank’s year-end target comes as gold continues to trade at historically elevated levels, supported by a combination of safe-haven flows and structural reserve diversification.
Unlock the Full Article
This article is exclusive to The Ledger Asia Subsribers / PAID members.
Already have an account? Log in here
