Gold price prediction: Gold rate slips for the year in 2026, experts predict bullion price for next 12 months

Gold price is expected to hit $5,013 a troy ounce over the next 12 months, up from the current level of $4,170, delegates to the London Bullion Market Association's (LBMA) annual gathering in Sorrento, Italy predicted on Tuesday. A year ago the delegates of the same conference expected gold to be at around $4,980 by now.