Gold Research

CIBC cuts gold forecasts but still sees $5,500 in 2028

In its October report, CIBC cuts its 2027 average gold forecast to US$5,200 an ounce from $6,500. That's the challenge running through CIBC's latest precious…

In its October report, CIBC cuts its 2027 average gold forecast to US$5,200 an ounce from $6,500. That's the challenge running through CIBC's latest precious metals outlook.

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In its October report, CIBC cuts its 2027 average gold forecast to US$5,200 an ounce from $6,500. That's the challenge running through CIBC's latest precious metals outlook.

CIBC
$6,500/oz
2026-10-19
Source: https://investinglive.com/commodities/cibc-cuts-gold-forecasts-but-still-sees-5-500-in-2028

Topics: CIBC, gold research report, gold price target