World Gold Council says positive drivers offset negative risks, leaving gold flat in July. WGC says a second wave of high inf similar to the late 1970s cannot be ruled out, but that alone does not guarantee a sharp gold rally; the metal’s path will depend on real rates, the dollar, growth expectations, Asian investor demand and central-bank responses.

2026-08-06

World Gold Council says positive drivers offset negative risks, leaving gold flat in July. WGC says a second wave of high inf similar to the late 1970s cannot be ruled out, but that alone does not guarantee a sharp gold rally; the metal’s path will depend on real rates, the dollar, growth expectations, Asian investor demand and central-bank responses.