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World Gold Council Sees Gold Trading Near $4,100 Unless Geopolitics Or Growth Deteriorate
The World Gold Council expects gold to remain broadly range-bound through the second half of 2026 unless geopolitical tensions intensify or the global economy weakens more sharply than markets currently anticipate. In its Gold Mid-Year Outlook 2026, published on July 1, the industry body argues that the precious metal has entered a more balanced phase after one of its most volatile six-month periods in years. While gold remains among the best-performing major assets over the past 12 months, the report suggests much of the easy upside has already been priced in unless macroeconomic conditions deteriorate further. The ... (full story)
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