Investment Bank Forecasts

📈 Barclays and HSBC raise their annual average forecasts, but the market expects a correction

In times of global market instability and commodity volatility, investors closely follow the forecasts of major investment banks. Recent reports from Barclays and HSBC attracted attention with increased average price expectations. However, despite the optimism of some players, most analysts believe that commodity prices (especially gold) will return to a more moderate range of $66–72 per ounce by autumn.

Forecasts Upgraded by Barclays and HSBC

Both Barclays and HSBC have recently raised their full-year gold price forecasts. This is due to strong current demand and macroeconomic factors:

• Geopolitical tensions and rising currency risks are pushing investors toward safe-haven assets like gold.
  
  
• Inflation expectations in several regions support demand for precious metals as a store of value.
• Central banks continue to increase their gold reserves, adding momentum to prices.

These drivers justify more bullish forecasts from top financial institutions.

But: Correction Expected in Autumn

Despite upward revisions, many analysts still predict that the gold market will face headwinds later this year:

• Potential oversupply. Increased mining and stock redistribution could lead to temporary saturation.

• Strengthening of the US dollar. A stronger dollar makes gold less attractive to international investors.

  
  

• Possible monetary tightening. Higher interest rates reduce the appeal of non-yielding assets like gold.

As a result, Barclays, HSBC, and other institutions expect gold prices to fall and stabilize around $66–72 per ounce by fall 2025.

What does it mean for investors?

• Don’t overreact to short-term fluctuations – gold markets are cyclical. Long-term vision is key.

  
  

• Diversification remains essential. Gold still serves as a strong hedge against inflation and currency risks.
• Monitor global trends – central bank policies, geopolitical events, and economic data are the main price drivers.

🧠 Conclusion

Barclays and HSBC show growing confidence in gold as a store of value during turbulent times. But a correction may be ahead, triggered by supply pressures and shifts in the global economy.

For investors, the message is clear: stay calm, stay informed, and make decisions with long-term goals, not short-term emotions, in mind.