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Gold’s bull rally could hit US$5,000 an ounce in 2026: HSBC

The Straits Times

|

October 20, 2025

It cites geopolitical risks, policy uncertainty and rising public debt as supporting factors

Gold’s bull rally could hit US$5,000 an ounce in 2026: HSBC

HSBC said that, given the sharp rise in prices during the second half of 2025 and heightened risks from new market entrants, it expects gold prices to remain elevated and potentially spike further through early 2026. PHOTO: BLOOMBERG

BENGALURU-HSBC on Oct 17 forecast that gold's bull rally would drive prices as high as US$5,000 an ounce in 2026, supported by elevated risks and the impact of new entrants into the market.

Spot gold breached the US$4,300 level on Oct 16 and was headed for its strongest week since December 2008.

FLERE HISTORIER FRA The Straits Times

The Straits Times

Hurdles to Trump’s push for Gulf to fund Gaza reconstruction

When US President Donald Trump spoke in Israel’s Parliament, ahead of the signing of his Gaza peace plan earlier in October, he thanked “Arab and Muslim nations” in advance for pledging “tremendous amounts of money” to rebuild the devastated Palestinian territory.

time to read

4 mins

October 27, 2025

The Straits Times

The Straits Times

Singaporean, Canadian pen pals finally meet after 43 years

The letters between Michelle Anne Ng and Sonya Clarke Casey forged a friendship that saw them share about their life experiences and secrets

time to read

5 mins

October 27, 2025

The Straits Times

Australia rushes to close security gaps amid sex abuse cases in childcare centres

National educator register, trial of CCTV monitoring among measures to be rolled out

time to read

3 mins

October 27, 2025

The Straits Times

Wild show full of treats for fans

The 165-minute concert by Taiwanese singer Jam Hsiao was big on nostalgia and showcased his impressive vocals

time to read

2 mins

October 27, 2025

The Straits Times

Thai-Cambodian declaration a net positive for all parties, says analyst

Mr Anutin, dressed in a sombre black suit and tie, concurred that both sides had agreed to promptly remove heavy weapons from the border area to build confidence and trust, and that Thailand would also begin the process of releasing 18 detained Cambodian soldiers. He said the day marked a new chapter in bilateral relations and a \"concrete step towards peace\".

time to read

3 mins

October 27, 2025

The Straits Times

Trump confident of deal after ‘successful’ US-China talks in KL

US President Donald Trump said he was confident of hashing out a deal with Chinese President Xi Jinping, whom he is expected to meet this week, after top economic officials from both countries reached a preliminary consensus in trade talks that concluded on Oct 26.

time to read

2 mins

October 27, 2025

The Straits Times

S'pore economy could reach $1.5 trillion by 2040, lift STI to 10,000: DBS

Report calls for marketwide shift to unlock the country's long-term growth potential

time to read

3 mins

October 27, 2025

The Straits Times

Victim loses $l.lm to scammers posing as MAS officials; 24 nabbed

Twenty-four people, aged between 15 and 34, were arrested after a victim lost more than $1.1 million in a week to scammers pretending to be government officials.

time to read

3 mins

October 27, 2025

The Straits Times

PM Wong meets leaders of Brazil, South Africa and European Council

Prime Minister Lawrence Wong met the leaders of Brazil, South Africa and the European Council on the sidelines of the 47th Asean Summit in Kuala Lumpur on Oct 26.

time to read

1 mins

October 27, 2025

The Straits Times

Sea otters and art museums are feeling Taylor Swift's Midas touch

Mr Andreas Henning was caught off guard by the Swifties coming out of the woodwork.

time to read

4 mins

October 27, 2025

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