Gold prices have dropped below the key support level of $4,300 an ounce, yet TD Securities remains optimistic about the metal's future. Despite challenges from higher interest rates, investment demand for gold is strengthening, supported by geopolitical uncertainty, central bank purchases, and concerns about inflation and currency debasement. TD Securities forecasts gold could surpass $5,000 an ounce by 2027, driven by growing investor interest, robust ETF inflows, and sustained central bank buying, particularly from China. The bank also notes that markets have priced in further Fed rate hikes, creating potential upside if those hikes do not materialize as expected.
Gold's outlook is highlighted by TD Securities' forecast of prices surpassing $5,000 an ounce by 2027. For readers following US stocks on Pluang, here is the market snapshot as of Sep 24, 2026 02:21 WIB: out of 150 priced US stocks, 48 rose and 101 fell. Notable movers include OPEN at USD 2.58 with a -6.34% change and 93% buy order activity, SNAP at USD 5.26 with a -6.32% change and 100% buy order activity, and ABNB at USD 151.80 with a -6.19% change and 82% buy order activity.
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