Gold: Bullish outlook for 2026 – TD Securities
TD Securities has significantly upgraded its outlook for Gold, projecting an annual average price of $4,831/oz for 2026, an increase of $619/oz from previous estimates. The report also anticipates transitory trading highs of $5,400/oz for Gold in the first half of 2026. This bullish sentiment extends to other precious metals as well, with similar upgrades across the board.
Significant upgrades for precious metals
“The TD Securities Strategy team has materially upgraded the outlook for gold, silver, platinum, palladium, copper, aluminium and natural gas, from our already bullish previous projections.”
“The 2026 average annual price outlook for the precious metals complex has been materially upgraded across the board.”
“We see transitory trading highs of $5,400/oz for gold in the first half of 2026.”
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





