Crude Oil Futures are forecast to rebound +12.6% from $70.75 on July 5 to $79.64 by September 27 as the recent collapse in geopolitical risk premium appears overextended. With US–Iran détente, Hormuz shipping normalization, and export surges largely priced in, the market is positioned for a recovery rally as traders reassess the durability of new supply flows and persistent strait-related risk.
Forecasts for Crude Oil Futures with 12-period horizon (weekly)
Silver futures are projected to climb 22.6% from $58.17/oz on July 5, 2026 to $71.33/oz by September 27, 2026, as safe-haven demand, inflation sensitivity, and geopolitical risk outweigh pressure from expected Fed tightening. The bullish call hinges on silver’s rebound from seven-month lows and its potential to outperform as precious-metals momentum broadens beyond gold.
Forecasts for Silver Futures with 12-period horizon (weekly)
Gold futures are forecast to drop 7.8% to $3,708.56/oz by September 27, 2026, as Warsh-led Fed credibility, higher expected real yields, and crowded long positioning turn the rebound toward $4,090/oz into a corrective bounce. Geopolitical risk may keep volatility elevated, but without a durable dovish pivot or inflation scare, the directional call is lower into late Q3.
Forecasts for Gold Futures with 12-period horizon (weekly)
Forecasts for Copper Price with 12-period horizon (weekly)
Forecasts for Gold Futures with 12-period horizon (weekly)
Forecasts for Crude Oil Price (WTI) with 12-period horizon (weekly)
Forecasts for Silver Futures with 12-period horizon (weekly)
Forecasts for Copper Price with 12-period horizon (weekly)
Forecasts for Crude Oil Price (WTI) with 12-period horizon (weekly)
Forecasts for Gold Futures with 12-period horizon (weekly)
Forecasts for Silver Futures with 12-period horizon (weekly)
Copper is poised for a controlled pullback rather than a breakdown, with prices projected to ease about 1.6% from $12,951/ton on 1 February 2026 to roughly $12,747/ton by 26 April 2026 as the market normalizes from premium levels and sentiment cools from earlier “supercycle” narratives. The mildly downward path reflects softer near‑term demand—slower Chinese grid and property momentum, flat Western PMIs, and reduced restocking urgency—while leaving the longer‑term structural bull story (EVs, grid, data centers) intact rather than signaling the start of a cyclical bear market.
Forecasts for Copper Price with 12-period horizon (weekly)
WTI crude is projected to drop 21.4% over the coming quarter, sliding from $89.33/bbl (29 Mar 2026) to $70.23/bbl by 21 Jun 2026 as the market shifts from a geopolitically tight narrative to one anchored in loosening physical balances, upside surprises in non‑OPEC+ supply, and persistent OPEC+ spare capacity that undermines the durability of recent cuts. Emerging inventory builds—transitioning from 2–3 mb weekly draws to net additions—signal a regime change in crude and product flows that historically drives a $10–15/bbl repricing lower, with this move skewed to the downside as elevated risk premia embedded above $85/bbl are stripped out.
Silver futures are forecast to stage only a muted rebound over the next quarter, inching up from 70.32 on 2026-04-05 to 70.54 by 2026-06-28 (≈0.3%), signaling stabilization after March’s capitulation-style 20% crash rather than the start of a new bull leg. With speculative longs largely flushed out, positioning skewed underweight, and most of the rate-shock repricing already absorbed, the market is set for range-bound trading and selective short-covering while a firmly hawkish Fed and higher real yields keep any rallies constrained and consistently sold.
Forecasts for Crude Oil Price (WTI) with 12-period horizon (weekly)
Forecasts for Silver Futures with 12-period horizon (weekly)