CommoditiesAugust 17 at 09:33 AM

Wells Fargo cuts its year-end 2026 gold forecast to 4,900-5,100 (prev. 5,300-5,500) and year-end 2027 forecast to 5,400-5,600 (prev. 5,800-6,000)

StockNow breaking-news AI analysis

Wells Fargo lowered its 2026-2027 gold targets to 4,900-5,600 USD, reflecting a healthy correction after early-year peaks. Despite short-term technical headwinds, central bank demand and high debt maintain long-term structural upside.

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