Gold analysts are forecasting a rapid surge to $6,000 per ounce amid heightened geopolitical tensions and portfolio shifts. Analyst Rashad Hajiyev predicts the price could reach that level by May 2026, citing chart formations. Swiss bank UBP, managing $233 billion, also sees gold hitting $6,000 by year-end 2026, having increased its gold exposure back to 6%.
Geopolitical tensions have fueled market panic, yet gold prices recently hit new lows as investors favored the U.S. dollar. Analyst Rashad Hajiyev suggests gold has bottomed and is now in an advancing cycle. He stated he sees no major obstacle until a key resistance just under $5,200.
Hajiyev later shared a timeline for a more dramatic rise. “If no major setback happens in gold price, the upper band of the ascending broadening wedge suggests a gold price just under $6k sometime in May 2026…” This forecast contrasts with another institutional view from Swiss bank UBP.
UBP, which manages $233 billion in client assets, predicts gold will reach $6,000 by the end of 2026. The bank had cut its gold exposure from 10% to 3% after a war broke out. It is now increasing that allocation back to 6%, according to information shared by Lukas Ekwueme.
Goldman Sachs estimates the average gold allocation across portfolios is just about 1.8%. The firm calculates that gold prices rise about 1.4% for every 0.01% incremental shift into the metal. These analyses point to a potential structural shift in portfolio construction driving future price movements.
