Gold and Silver Prices Rise: Gold futures for February 26 increased by 2.1% to $4,866.1 per ounce, while spot silver rose by 0.3% to $94.9. March 2026 silver futures also climbed by 0.2% to $94.8 per ounce.
Market Reactions to Political Tensions: U.S. equities traded slightly lower amid rising geopolitical tensions, particularly following President Trump's threats to impose tariffs on goods from eight European countries unless an agreement is reached regarding Greenland.
Gold's Historic Rally: Gold prices surged to a new high, driven by investor demand for safe-haven assets amid trade war concerns and geopolitical tensions, with spot gold prices gaining 14% this year.
Future Projections for Gold: Analysts predict that gold could reach $4,800 by the fourth quarter of 2026, influenced by falling interest rates and sustained buying from central banks, with Goldman Sachs projecting a potential climb to $4,900 by December 2026.
Wall Street analysts forecast GLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast GLD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GLD is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 443.600
Low
Averages
High
Current: 443.600
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
