TechFlow, September 17 — According to Jinshi Data, Deutsche Bank raised its gold price forecast for next year on Monday, expecting an average of $4,000 per ounce, up from the previous $3,700. The bank stated that favorable foreign exchange and interest rate environments could drive further gains in gold prices. In its report, Deutsche Bank noted: "Although gold appears expensive relative to its fair value, we believe this is primarily due to strong official demand, which we expect to continue." Meanwhile, the bank also raised its silver price forecast for 2026 to $45 per ounce, up from a previous estimate of $40.
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