Asset manager DWS says gold has substantial upside. After a YTD pullback and a clear retreat from prior highs leaving year-to-date returns slightly negative, DWS says US rate-cut expectations, a potentially softer dollar and continued strong central-bank buying over the next 12 months should support prices; it expects gold to reach $5,400/oz by June 2027.

2026-06-17

Asset manager DWS says gold has substantial upside. After a YTD pullback and a clear retreat from prior highs leaving year-to-date returns slightly negative, DWS says US rate-cut expectations, a potentially softer dollar and continued strong central-bank buying over the next 12 months should support prices; it expects gold to reach $5,400/oz by June 2027.