Experts Forecast Significant Drop in Gold Prices for Second Half of 2026
Gold prices have reached record highs due to geopolitical and economic uncertainties. Investors are turning to gold as a refuge. The metal saw spot prices increase by 0.4% to $4,224.79 per ounce, surpassing a previous high of $4,225.69. U.S. gold futures for December delivery rose by 0.9% to $4,239.70 per ounce.
Gold Rate Predictions for 2026
ANZ has provided a forecast indicating significant fluctuations for gold prices. By the end of this year, prices could surge to $4,400 per ounce. This trend might continue until June 2026, potentially reaching a peak of $4,600 before a decline in the latter half of the year.
Factors Influencing Gold Prices
- U.S. rate cuts and a weaker dollar are supporting current prices.
- Mounting geopolitical tensions and economic uncertainties keep strategic interest strong.
- ANZ highlights risks related to a hawkish Federal Reserve and robust U.S. economic growth.
Potential Decline in Second Half of 2026
The anticipated decline in gold prices may coincide with the conclusion of the U.S. Federal Reserve’s easing cycle. This could result in reduced strategic interest and investments in gold.
ANZ also projects the price of silver to rise, potentially hitting $57.50 per ounce by mid-2026. However, similar risks could affect silver prices as well.
Impact on Investors
Investors should be aware of the potential downside risks. While the market anticipates higher prices, unexpected economic growth and central bank policies could alter trends. Monitoring market conditions will be crucial for making informed investment decisions.
For more updates and insights, stay tuned to Emegypt for your comprehensive coverage on market trends and predictions.
