Gold Futures Forecast: 7.8% Drop by September 2026
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.