New Delhi, Dec. 3 -- Gold prices could move close to USD 5,000 per ounce in 2026, supported by strong official sector buying, tightening supply conditions and stabilising investor flows, according to a new research report by Deutsche Bank.

The report highlighted that gold is breaking historical norms and continues to show exceptional performance against the US dollar.

It stated "Altogether these suggest an upgrade to our 2026 forecast to USD 4,450/oz from USD 4,000/oz previously, and a yearly range from 3,950-4,950/oz in 2026".

The report upgraded its 2026 gold price forecast to USD 4,450 per ounce, up from its earlier estimate of USD 4,000. Importantly, the bank expects gold to trade in a yearly range of USD 3,950 to USD 4,950 per oun...