World Bank forecasts gold prices to stabilize near current levels by 2028

The World Bank has predicted that gold prices will experience continued weakness through 2027 before finding stability by 2028, with projections suggesting valuations will remain broadly aligned with current market levels.

According to the institution's latest commodity outlook, precious metal markets will face headwinds in the medium term as global economic conditions evolve. However, the bank's 2028 forecast indicates that gold prices are unlikely to decline substantially below their present trading ranges, suggesting a floor may emerge in coming years.

The assessment reflects the World Bank's measured view of precious metals amid shifting monetary policy expectations and macroeconomic uncertainties across major economies. The forecast implies that recent sell-offs in gold have largely priced in near-term concerns, with limited additional losses anticipated once markets digest current economic data.

Gold has historically served as a hedge against inflation and currency volatility, making World Bank forecasts particularly relevant for investors in South and Southeast Asia where precious metals remain culturally and financially significant. The bank's outlook suggests investors should prepare for near-term volatility while recognizing potential stabilization over a longer timeframe.