📊 Gold Price Outlook – February 2026

⭐ Near-term forecast range:

Expected trading zone: $4,300 – $5,000+ per ounce

Most likely scenario: $4,600 – $4,900 per ounce

Bullish breakout possibility: approaching $5,000 or slightly above if safe-haven demand stays strong. �

Libertex Europe +1

📈 Why this range?

Bullish drivers

Gold has surged above previous record levels driven by geopolitical uncertainty and a weaker dollar, nearing $4,988 per ounce recently. �

Reuters

Major banks (e.g., HSBC) forecast continued upward pressure with targets around $5,000 in 2026. �

Reuters

Central bank buying and safe-haven flows could sustain demand into early 2026. �

Reddit

Neutral/moderate scenario

Analysts modeling broader 2026 price action see gold’s first few months, including February, in a steady upward pattern, roughly between ~$4,369 – $4,872 moving averages. �

Libertex Europe

Risk factors/volatility

If geopolitical tensions lessen or the dollar strengthens unexpectedly, gold could see more rangebound or choppy price action between $4,200 – $4,700. �

EBC Financial Group

🔮 Summary Forecast for February 2026

Target Range:

💰 $4,500 – $4,900 per ounce (base case)

📈 Upside breakout: up to $5,000+ if momentum holds

📉 Downside risk: near $4,200 – $4,300 on pullbacks#XAUUSD #BTC #BNBbull #ETHFI #WIF