Commodities

Wells Fargo resets gold price target for the rest of 2026

By Bullbit Editorial · March 28, 2026

WhatWells Fargo has reset its gold price target for the rest of 2026 to $**2,350** per ounce.
WhyThe bank cites growing global economic uncertainty and inflationary pressures as key drivers.
SignalThis move follows a similar adjustment by Bank of America, which raised its gold price target to $**2,400** per ounce.
TargetWells Fargo now expects gold to average $**2,300** per ounce for the remainder of 2026.
RiskGold prices may be volatile in the near term due to ongoing market fluctuations.