Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Gold correction seen as healthy reset, not end of bull market; $4,500/oz forecast for 2026 stands.

Market News
07 Jul 2026
Kitco
View Source
Bullish
pluang ai news

MKS PAMP's research head Nicky Shiels maintains a bullish outlook for gold, forecasting an average price of $4,500 an ounce in 2026 despite recent sharp price corrections. She views the current selloff as a transition from an unsustainable rally to a more stable, long-term bull market, with gold expected to consolidate between $3,800 and $5,000 an ounce. Key drivers include rising fiscal deficits, inflation, currency debasement, and geopolitical risks. While short-term challenges like hawkish Fed policies may limit gains, structural factors and capped real yields support a positive outlook for gold's recovery and growth.

More News

Lupus treatment improves with biologics, but many patients still face significant disease challenges.

Lupus treatment improves with biologics, but many patients still face significant disease challenges.

New research from Spherix Global Insights reveals that despite advances in lupus treatment, including increased use of biologics and new therapies, many patients with systemic lupus erythematosus (SLE) continue to experience persistent symptoms, freq...

Market News
Neutral
56 minutes ago
7 in 10 Canadians worry about severe summer storms, flooding, and tornadoes amid rising climate risks.

7 in 10 Canadians worry about severe summer storms, flooding, and tornadoes amid rising climate risks.

As Canada enters peak summer storm season, a survey by First Onsite reveals 72% of Canadians are concerned about climate-related extreme weather like flooding, severe storms, and tornadoes. Regional concerns vary, with British Columbians fearing floo...

Market News
Neutral
1 hour ago
Greystone secures $24.3M HUD loan to refinance Minnesota seniors housing community

Greystone secures $24.3M HUD loan to refinance Minnesota seniors housing community

Greystone provided a $24.3 million HUD/FHA-insured loan to refinance an 86-unit seniors housing community in Minnesota, covering independent living, assisted living, and memory care. The financing, through the HUD Section 232/223(f) program, offers l...

Market News
Neutral
1 hour ago
SalMar reports Q2 2026 harvest volume of 81.8k tons, full report due August 25.

SalMar reports Q2 2026 harvest volume of 81.8k tons, full report due August 25.

SalMar ASA announced its consolidated harvest volumes for Q2 2026, totaling 81,800 tons gutted weight across its farming operations in Central Norway, Northern Norway, SalMar Ocean, and Iceland. This update provides insight into the company's product...

Market News
Neutral
2 hours ago
SalMar reports Q2 2026 slaughter volume of 81,800 tons, full report due August 25.

SalMar reports Q2 2026 slaughter volume of 81,800 tons, full report due August 25.

SalMar ASA announced its consolidated slaughter volume for Q2 2026 at 81,800 tons, with contributions from Mid-Norway, North Norway, SalMar Ocean, and Icelandic Salmon. This update provides insight into the company's production scale ahead of the ful...

Market News
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App