The Bank of America survey attracted special attention in the financial world as many professional investors assessed that world gold prices are at risk of falling sharply in 2026.
The world gold price at 6:20 p.m. on November 24, 2025, Vietnam time, was trading at 4,069.71 USD/ounce, down slightly from the previous day's peak of 4,075.27 USD.
2025 will see gold surpass $4,000/ounce for the first time, thanks to the impact of economic instability, prolonged inflation, geopolitical tensions and a weakening of the USD.
Gold's highest price in 2025 was recorded at 4,379.13 USD/ounce on October 17.
A US Bank survey shows that the outlook for gold prices in 2026 is clearly divided.
5% of fund managers were asked to believe that gold prices could surpass $5,000/ounce by the end of 2026.
34% predict prices will range between $4,000 and $4,500.
27% predict gold will be in the $4,500-5,000 range.
The remaining 34% are concerned that gold prices could fall below $4,000/ounce, of which 26% predict prices will fall deep to $3,500/ounce.
The survey also shows that 39% of professional investors do not hold gold, reflecting caution for precious metals in the context of economic and financial fluctuations.
Experts say that world gold prices are affected by many factors such as inflation, the Fed's interest rate policy, the strength of the USD, geopolitical tensions and economic growth prospects.
If the US economy is stable and the Fed maintains a cautious policy, gold may lose its safe-haven role, leading to downward pressure.
Conversely, economic or geopolitical instability will continue to support gold prices to remain high, approaching 4,500 - 5,000 USD/ounce.
The US currently owns 8,133.46 tons of gold (equivalent to about 261.5 million ounces), the world's largest, stored in fort knox (Kentucky), West Point (New York), Denver and the New York Federal Reserve.
With gold prices rising in 2025, the total value of US gold reserves has surpassed 1,000 billion USD, strengthening financial position and global geopolitical influence.
Regarding domestic gold prices, SJC gold bar prices are trading around 148.9 - 150.4 million VND/tael (buy - sell).
The price of 9999 Bao Tin Minh Chau gold rings is trading around 147.5 - 150.5 million VND/tael (buy - sell).
Gold price may plummet to the 3,900 USD area
World gold prices turned down slightly last week due to pressure from economic factors such as bond yields and the strength of the USD.
According to experts, if gold prices cannot hold the support level, the next decrease could be towards the 3,970 - 3,930 USD range. These are important prices that investors need to closely monitor this week.
Assessing the direction of gold this week, economists and investors are having mixed views.
