[Wells Fargo Raises Gold Price Target to $4,500-$4,700 per Ounce] Wells Fargo Investment Research Department has raised its long-term forecast for gold prices, predicting that by the end of 2026, the price range for gold will increase from the previously forecasted $3,900-$4,100 per ounce to $4,500-$4,700 per ounce. This adjustment reflects the market's potential growth expectations for gold as a safe-haven asset.