City expects a significant drop in gold prices in the second half of 2026

‘City Group’ expected the price of gold to drop again in the upcoming chapters to below $ 3,000 per gram, with the standard height wave considered one of the most important movements in the basic commodity market. In a research report, analysts at the bank wrote that “our study indicates that gold prices will return to a series of between 2500 and $ 2,700 per gram by the second half of 2026.” They pointed out that this decline could be driven by poor investment demand, the prospects for global growth and possible discounts in interest rates by the Federal Reserve improved. Gold momentum is based on geopolitical tension. Gold has jumped 30% since the beginning of the year and recorded its last record in April, supported by the demand for secure ports in light of the trade policy of US President Donald Trump, and the increasing crisis in the Middle East. It also strengthened concerns about US deficit and financial assets, as well as the ongoing purchases of central banks, to reduce their dependence on the dollar, from the rise of the precious metal. “We expect the investment demand for gold in the late 2025 and during 2026, when we see that Trump’s popularity and recovery of growth in America balances, especially with the approaching midfield of the mid -term election.” They added: “We see a wide field for the Federal Reserve to move from a limited policy to a neutral policy.” Gold can temporarily keep it in the bank’s primary scenario, which has a 60%probability, is expected to hold gold over the $ 3,000 per ounce level during the next quarter before he starts to fall. In the last trading in the last trading of approximately $ 3.396. As for expectations for other minerals, City expressed a strong positive look at aluminum and copper. Analysts consider that aluminum, as a lightweight mineral, is “strongly linked to any improvement in global growth and market moral.”