Precious metals retreat from record highs Jeetendra KhadanKaltrina Temaj June 26, 2026 This page in: English

https://blogs.worldbank.org/en/opendata/precious-metals-retreat-from-record-highs Precious metal prices declined in 2026Q2 (q/q) after 14 consecutive months of gains through February, including a 24 percent increase in 2026Q1. By June, gold was about 15 percent below its February peak, while silver and platinum were about 25 percent below their January record highs. Despite the pullback, the World Bank’s precious metals price index is projected to rise by 42 percent in 2026 (y/y) before declining by 8 percent in 2027. Gold is expected to remain supported by safe-haven demand and continued central bank purchases. Silver and platinum prices should remain firm, underpinned by industrial demand and constrained supply. Risks are tilted to the upside, particularly from renewed geopolitical tensions, policy uncertainty, and financial market volatility.