Global economic forecasts mid-2026

Julius Baer, the Swiss bank, expects gold prices to rebound in the second half of 2026, with the price per ounce surpassing $4,500 by the end of the year, following a decline from their peak in January 2026. The bank emphasized that gold is not considered a direct solution to geopolitical issues or short-term crises, but rather a hedge against currency devaluation and long-term financial instability. It forecasts that the global economy will continue to recover gradually from the impact of the oil crisis, with U.S. interest rates remaining stable amid declining inflation pressures.

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