Gold Price Forecast Hits $4,100 Under World Gold Council Benchmark Scenario
2026-07-01 19:30

Woofun AI reports that the World Gold Council released its "2026 Mid-Year Global Gold Market Outlook," outlining three primary scenarios for the second half of the year. The benchmark scenario assumes market consensus regarding a Federal Reserve rate hike in October 2026, alongside tightening policies from the Bank of England, Bank of Japan, and European Central Bank, with U.S. Q2 inflation peaking at 3.9%. Under these stable conditions, gold is projected to trade around $4,100 per ounce with a ±5% fluctuation range. Geopolitical instability or economic deterioration could drive prices higher, while a stronger U.S. dollar or larger-than-expected rate hikes pose downside risks. Prices falling below $4,000 may trigger selling pressure, whereas a drop exceeding 10% from current levels could stimulate buying demand from long-term investors.

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Gold
World Gold Council
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