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World Bank: Gold prices will continue to rise until 2027

30 October 2025 15:19 (UTC +04:00)

The average gold price on the world market will amount to $3,400 in 2025, APA-Economics reports, citing the World Bank’s report.

It was noted that the average price of gold for this year will increase by 42.4%. The World Bank has forecast that in 2026, the price of one troy ounce of gold will rise by 5.1% to $3,575, while in 2027 it will decrease by 5.6% to $3,375.

It was noted that the current rise in the price of gold coincides with increased geopolitical tensions and a weakening dollar, but unlike in 1979–80, there is no sharp inflation or energy crisis. Instead, a record rise in central bank purchases is cited as the distinguishing factor. Thus, since 2022, these purchases have more than doubled compared to the 2015–2019 period.

The World Bank generally estimates that the precious metals price index will increase by 41% in 2025 and 6% in 2026, followed by a 6% decline in 2027.

“If geopolitical tensions and policy uncertainty intensify, gold prices could exceed projections. However, in the event of a slowdown in industrial activity in major economies, demand for silver and platinum may decrease, leading to lower prices,” the Bank’s report commented.