Wells Fargo raises its 2026 gold target to USD 6,100-6,300/oz citing geopolitical risks, market volatility, and strong central-bank demand
Wells Fargo's upward revision of its 2026 gold target indicates a significant shift in their bullish outlook, driven by geopolitical uncertainties and strong demand from central banks.
Amazon (AMZN) discloses 11.8 mln Class A share stake in Beta Technologies (BETA)
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Wells Fargo raises its 2026 gold target to USD 6,100-6,300/oz citing geopolitical risks, market volatility, and strong central-bank demand
US President Trump says the US should have the lowest interest rates in the world
Ford (F) discloses additional USD 900mln tariff hit, WSJ reports
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This suggests investors may increasingly seek gold as a safe haven in response to market volatility, which could bolster prices and impact related assets, particularly in commodities and currencies.
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