The World Bank thinks gold has further to fall. Look closely at its numbers, though, and most of that fall has already happened. In its latest Commodity Markets Outlook, released on Oct. 28, the World Bank forecast that gold will average $4,000 an ounce in 2028. Spot gold ended Friday at $4,068.71 an ounce. The gap between the two is less than 2%. That is a striking position for a forecast that, on paper, calls for prices to decline for two straight years. Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay…
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