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WGC Outlook 2026: Geopolitics, Growth Risks and Rate Shifts to Steer Gold’s Next Move

Gold’s 2026 trajectory hinges on economic shifts, policy outcomes and global stability, says the latest WGC outlook.

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Gold is up by more than 60% y-t-d and is gearing up to have one of its strongest annual performances in decades.  Investment demand has been one of the key drivers, in response to a highly charged geopolitical environment, a weaker US dollar, and positive price momentum. At the same time, central bank demand remains strong.  Combined, their effect has more than offset any weakness seen in jewellery.

Looking to 2026, the outlook is shaped by ongoing geoeconomic uncertainty.  The gold price today reflects consensus expectations for next year, but the global economy rarely ever plays out as planned.

Against this backdrop, our analysis shows that:

If economic growth slows and interest rates fall more than expected next year, gold could see gains between 5% and 15%.

In a more severe downturn marked by rising global risks, gold could see a marked increase between 15% and 30%.

Conversely, a successful outcome from policies set by the Trump administration would accelerate economic growth, reduce risk and push gold down between 5% and 20%.

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Cartier Reimagines an Icon: The Ruby-Set ‘Juste un Clou’ Debuts for Lunar New Year

A Fusion of Industrial Rebellion and Festive Elegance Marks a Limited-Edition Celebration of Luck and Prosperity.

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In a bold intersection of high-fashion defiance and cultural tradition, Cartier has unveiled a limited-edition interpretation of its legendary Juste un Clou collection. This special release sees the iconic “nail” silhouette transformed with a festive row of vivid red rubies, launched specifically to commemorate the Lunar New Year.

Originally conceived in 1970s New York by designer Aldo Cipullo, the Juste un Clou has long been a symbol of the “rebellious spirit” and the elevation of the ordinary into the extraordinary. By integrating rubies—stones that traditionally symbolize luck, vitality, and renewal—Cartier effectively bridges its radical Western design heritage with the deep-rooted values of the East.

The collection features the signature wrap-around nail design in gold in bracelets, necklaces, earrings & rings with the “head” and “point” of the nail meticulously pavé-set with high-quality rubies. Industry experts view this move as a strategic masterstroke, as the “festive red” aesthetic continues to be a primary driver for luxury consumption during the spring transition.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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