Kaitou Macro predicts that gold prices will continue to decline, falling to $3500 by the end of 2026

According to Hamad Hussain, a macroeconomist at Capital Economics, the expectation of the Federal Reserve raising interest rates has boosted real yields, and there is still room for a downward trend in gold prices in the next 18 months. Although the market expects gold prices to rebound after falling to $4000 per ounce, Capital Economics predicts that by the end of 2026 and 2027, gold prices will fall to $3500 per ounce and $3250 per ounce, respectively.