Societe Generale says they've already hit the USD 5000/oz gold forecast and now see gold reaching USD 6000/oz by the end of the year, though it could go even higher
Societe Generale's upgraded gold forecast indicates a significant bullish sentiment in the market, projecting gold to reach USD 6000/oz by year-end.
US Chicago Fed National Activity Index (Nov) -0.04
India Trade Secretary says India-EU have concluded talks over trade agreement and deal is to be announced tomorrow
Societe Generale says they've already hit the USD 5000/oz gold forecast and now see gold reaching USD 6000/oz by the end of the year, though it could go even higher
Kraken says it is investigating reports that clients are having difficulty accessing the app on Android devices
United Airlines (UAL) files to sell notes due 2031; size undisclosed
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This outlook reinforces expectations of increased demand possibly driven by macroeconomic factors and inflationary pressures, which could lead to further upside beyond the forecast. Traders should consider how this may impact related assets, especially those tied to precious metals and inflation hedges.
Related headlines
- Newsquawk European Market Wrap - 11th September 20262 days ago
- Trump removes 50% tariff on bulk Canadian whisky and liquers, effective September 15th2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- US FX WRAP: Dollar sees two-way action, but initially firms on hotter-than-expected core M/M print2 days ago
- Russian senior diplomat Ushakov says President Putin and Indian PM Modi discussed Ukraine during talks in New Delhi2 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- US President Trump reiterates USD 5k payment to all US adults will happen 2 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL2 days ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets2 days ago
- Saudi Arabia has signaled a potential willingness to launch a major unilateral military operation against the Houthis, though Riyadh has not yet reached a final decision, according to ABC2 days ago
- A high-ranking Iranian security and political source told Al Mayadeen that contrary to claims and intimidation tactics, US President Trump is seeking to return to negotiations with Iran2 days ago
- Germany is developing a pharmaceutical pricing proposal for the Trump administration in an effort to avert potential US tariffs on German goods, reports Politico citing sources2 days ago
- Fed court reportedly blocks Trump order to keep Michigan coal plant open2 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20262 days ago
- [MARKET UPDATE] Action seen after US CPI has reversed, with XAU above pre-data levels, USD under pressure while fixed income and equity futures have entirely reversed the move and are extending to the upside2 days ago
The whole workspace, free to try.
Try it free