Skip to main content

The rally in gold may reverse

We doubt that the rise in the price of gold in 2022 so far will be sustained. While a lot hinges on how geopolitical tensions play out, our forecast is that it will drop back to $1,600 per ounce by the end of this year, from just under $1,900 at present

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.