Gold price is trading at $4,191 per ounce today (Tuesday) December 9, 2025, holding near the elevated levels that defined 2025's historic rally. After surging 61% this year with over 50 all-time highs, the fourth strongest annual return since 1971, gold now faces a critical question: what will 2026 bring? According to the World Gold Council's (WGC) newly released Gold Outlook 2026 report, the answer depends on whether US President Donald Trump's reflation policies succeed. In the organization's most bearish scenario, gold price could crash between 5% and 20% from current $4,200 baseline levels, potentially dropping ... (full story)