Khaberni - The World Bank expects gold to continue its upward trend in the coming year, registering an additional increase of 5% after having risen by 42% during 2025.
The Bank in its latest report expects gold prices to reach levels nearly double the average prices recorded between 2015 and 2019.
The bank in its latest reports indicated that silver prices are also experiencing a historic jump, expecting it to record an annual average increase of 34% in 2025, followed by an additional rise of 8% in 2026.
However, experts’ forecasts, as reported by "Reuters", suggest that gold prices might reach $4,980 per ounce over the next twelve months, with an increase of 27% above its current levels.
The Bank attributes this remarkable rise in precious metal prices to increased demand for safe assets in light of economic uncertainty, as well as continuing gold purchases by central banks to strengthen their cash reserves.
The report did not rule out that geopolitical tensions and regional conflicts could push oil prices up again, which would in turn boost demand for gold and silver as safe havens. It also pointed out that the strong "El Niño" climate phenomenon could cause disruptions in agricultural production and increase pressure on food and energy prices.
In the same context, the bank expects that expansions in artificial intelligence technologies and increased electricity consumption for data centers will boost the demand for base metals like aluminum and copper, thereby enhancing gold's status as a primary hedging tool in a world undergoing rapid economic and technological transformations.
Conversely, the report warned of the possibility of a further decline in other commodity prices more than expected, if the global economic slowdown continues and trade tensions persist over a long period. It noted that increased oil production from "OPEC+" could contribute to an increase in supply and a decline in prices. It also predicted that the rapid spread of electric vehicles by 2030 would significantly reduce the demand for oil.
