World Gold Council: Gold is expected to regain momentum if interest rate expectations change in the second half of the year.

According to the Zhixin Finance and Economics APP, on July 1, the World Gold Council released the "Global Gold Market Mid-Year Outlook for 2026" report, which indicates that the market expects the Federal Reserve to raise interest rates at least once in 2026, possibly in October; the Bank of England, the Bank of Japan, and the European Central Bank are all expected to tighten policy; the US second-quarter inflation rate is expected to peak at around 3.9%. If the above conditions do not change significantly, the price of gold may trade around $4,100 per ounce for the year, with a fluctuation range of about 5%. If geopolitical or economic situations worsen, or if there is a change in interest rate expectations, gold may regain its upward momentum. However, only if there are strong enough signals of global economic slowdown, could the price of gold break out of the current range.