A ‘Gold’en run: After 60% surge and over 50 all-time highs this year, what’s next for gold in 2026?

Gold surged over 60% in 2025 on geopolitical risks, a weaker dollar and strong safe-haven demand. The World Gold Council sees 2026 playing out through moderately bullish, strongly bullish or bearish scenarios, shaped by global growth, Fed policy, and shifting investor behaviour.

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