Gold Falls 14.1% in Q2 2026, Worst Quarter in 12 Years, but Invesco Sees Central Bank Demand Lifting Prices

According to Invesco's quarterly gold outlook, gold fell 14.1% in Q2 2026, marking the worst quarter in 12 years, with prices dipping below $4,000 per ounce on June 24 for the first time since November 2025. Despite the correction, Invesco maintains a constructive outlook for the remainder of 2026, citing strong central bank demand. The World Gold Council reported that 89% of surveyed central banks expect global gold reserves to increase in the coming year, with 45% planning to raise their own holdings. Gold remains up 21.3% over the past 12 months, and Invesco analysts noted that central bank purchases—largely price-insensitive and driven by reserve diversification and inflation protection—will provide structural support to prices through year-end.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments