StoneX Forecasts Gold to Finish 2026 Near $4,000/oz, Silver Between $55-60/oz

According to StoneX's Q3 Outlook, gold is likely to finish 2026 close to $4,000 per ounce, while silver will trade between $55 and $60 per ounce. Rhona O'Connell, Head of Market Analysis for EMEA & Asia at StoneX, attributed recent gold price weakness to uncertainty over the Iran conflict and declines in equities, noting the metal dipped below $4,000 in late June.

A World Gold Council central bank survey with 76 responses showed 89% of central banks expect global gold reserves to increase over the next 12 months, with 45% expecting their own reserves to rise. StoneX believes speculative selling has been "washed out" over the past six months, providing gold upside potential if prices hold around $4,000.