SCB Wealth and SCB FM forecast world gold near US$4,900-5,000/oz by end-2026 and Thai gold at 75,000-75,700 baht per baht-weight. They expect the baht to weaken slightly in the next 1-2 months (33.30-33.80/USD), driven by oil above US$100/barrel and a likely wider trade deficit, then ease to 32.80-33.80 by year-end. For an SME, this means watching import costs and export pricing against a softer baht short term, and possible US tariffs on some industries. These are forecasts from a bank and a gold futures firm, not guarantees, so avoid making big currency or gold decisions on them alone.