Washington, D.C., United States — The World Bank has released its latest commodity outlook, focusing on gold and silver as critical assets amid global uncertainty. The institution forecasts gold prices to rise by about 5 percent in 2026, averaging US$3,575 per ounce, while silver is expected to reach US$41 per ounce, up 7.9 percent from current levels.
However, the rally is projected to lose momentum by 2027. Gold prices are expected to decline to US$3,375 per ounce, while silver could fall nearly 10 percent to US$37 per ounce.
According to World Bank analysts, the surge in precious metals has been fueled by investment demand, driven by geopolitical tensions, macroeconomic concerns, and policy uncertainty. A weaker U.S. dollar and recent monetary easing have further supported the rally. Central bank purchases of gold at unprecedented levels have also played a decisive role.
Despite the anticipated moderation, prices are expected to remain significantly above historical averages. Gold in 2026 is projected to stay more than 180 percent higher than the 2015–2019 baseline, establishing a new elevated benchmark for the market.
Silver continues to attract attention for its dual role: as a safe-haven asset and as a critical input in renewable energy and semiconductor production. Rising industrial demand is expected to sustain its long-term appeal.
Analysts caution that risks remain. Renewed geopolitical escalation, trade frictions, or financial volatility could push prices higher than forecast. Conversely, easing tensions or tighter monetary policies could weigh on investment demand for precious metals.
For industry stakeholders and investors, the World Bank’s projections serve as a key reference for medium-term strategy, portfolio diversification, and risk management in the commodities sector.
