World Bank: Gold prices will remain at $4,000 until 2028 - Vietnam.vn

AI desk brief

The World Bank projects annual average gold prices of $4,600/oz in 2026, $4,250 in 2027 and $4,000 in 2028, trimming its April forecasts of $4,700 and $4,300 for 2026–27. Silver is forecast to average $70/oz in 2026 before declining to $62 in 2027 and $58 in 2028. The report attributes recent selling pressure to rising government bond yields, tighter-policy expectations, dollar strength and shifts in bullish speculative positions. Its longer-term outlook remains supported by geopolitical instability and portfolio diversification, with the precious-metals index projected to remain more than three times its 2015–19 average despite subsequent declines.