World Bank sees gold holding above $4,000 through 2028, but warns silver faces steeper correction

The World Bank’s October Commodity Markets Outlook projects global gold prices to average $4,600 per ounce this year, then fall to $4,250 in 2027 and $4,000 in 2028. Silver is forecast to drop from $70 per ounce in 2026 to $58 by 2028, indicating a steeper correction for the metal.

Source: World Bank sees gold holding above $4,000 through 2028, but warns silver faces steeper correction — Kitco

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