[Imperial Commercial Bank Predicts Gold to Rise to $4,500 by 2026] Analyst Anita Soni from the Canadian Imperial Bank of Commerce predicts that gold prices will rise to $4,500 per ounce in 2026 and 2027, then drop to $4,250 in 2028 and $4,000 in 2029. Soni believes that gold will benefit from a favorable macroeconomic environment and uncertainty surrounding tariff policies. Meanwhile, the recent surge in gold prices is linked to long-term inflation and the demand for wealth preservation.