Gold & Commodity Inflation Expectations Surge
Reuters poll projects gold at $4,495/oz in 2026 and $4,650 in 2027. UBS raises Brent crude forecast to $110/barrel by year-end. Global inflation risks are rising, with 31 of 50 economies revising 2027 forecasts upward.
What we know
Commodity and inflation expectations are resetting sharply higher. An account on X reported a Reuters poll of 500+ economists sees gold averaging $4,495/oz in 2026 and $4,650/oz in 2027, with silver at $70.30 and $66.75 respectively. UBS raised its Brent crude year-end forecast to $110/barrel — significant given the Hormuz tanker incident and Houthi activity. A separate Reuters poll found 2027 inflation forecasts revised upward for 31 of 50 economies, with oil above $100 fueling persistent pressure — another account on X. This aligns with the hawkish Fed hold narrative and broader concerns about the AI investment boom potentially adding to inflationary pressures.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.