World Gold Council Projects Gold May Trade Around $4,100 per Ounce Through Year-End

On July 1, the World Gold Council released its mid-year outlook for 2026 global gold markets. Under the base case scenario, assuming no major changes in the current macroeconomic environment—including at least one Fed rate hike expected in October, policy tightening by the Bank of England, Bank of Japan, and European Central Bank, and U.S. second-quarter inflation peaking near 3.9%—gold prices may trade around $4,100 per ounce for the remainder of the year, with a trading band of approximately ±5%.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments