According to Juan Carlos Artigas, CEO of World Gold Council Americas, on July 1, gold is a truly global asset reflecting macroeconomic and geopolitical dynamics across regions rather than U.S. factors alone. This perspective makes gold a valuable reference point for investors.
Despite gold prices facing pressure near $4,000 per ounce this year, structural demand from central banks, institutional investors, and consumers has supported the asset's resilience. While interest rates are expected to be a key variable in the second half of 2026, gold performance is not driven by a single factor.