World Gold Council: Gold May Trade Sideways in Second Half of the Year

The World Gold Council forecasts that gold will trade sideways in a range close to current levels in the second half of 2026, barring any significant changes in global economic conditions. The Council emphasized that geopolitical risks, currency movements, and investor sentiment continue to influence gold prices. The report noted that if current conditions deteriorate, gold's price per ounce has the potential to rise above $4,500. This scenario could materialize particularly if geopolitical tensions escalate or economic uncertainties deepen. While gold prices experienced volatility in the first half of the year, investors have been focused on central bank monetary policies and inflation data. The World Gold Council stated that during this period, gold's safe-haven characteristic has come to the forefront, and investors continue to include gold in their portfolios. The Council added that global economic growth and changes in interest rates will be decisive for gold prices, but a sideways trend can be expected in the short term. It was emphasized that investors should closely monitor geopolitical developments and currency volatility. This is not investment advice.