Thai Financial Institutions Bullish on Gold in Q4 2026 Despite Short-Term Volatility
Thai PBS
Key summary
YLG CEO Paworn Nawatwantrasap reports that while gold prices faced short-term negative movement at the start of Q4 2026, foreign financial institutions maintain a positive outlook for the quarter's end. This bullish stance is driven by global central banks continuing to accumulate gold as reserves and lower US bond yields. Historical data from the past five years shows gold prices rose in every Q4, with YLG predicting global prices could reach $4,900-$5,000 per troy ounce by year-end 2026.
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Official source
Thai PBS
Read original ↗https://www.thaipbs.or.th/news/content/571040