Commodities Buzz: Metal prices expected to remain broadly stable this year, says World Bank

World Bank has stated in a latest update that metal prices are projected to remain broadly stable in 2026?27, with growing demand for materials to support the green energy transition offsetting weak industrial activity, especially in China, which accounts for about half of global metal consumption. Recent trade measures have had a limited impact on metals prices so far but could gradually affect investment flows and add to price volatility, particularly for metals related to the shift toward low-carbon energy production. Gold prices surged by 42 percent in 2025 on strong investor demand, continued central bank purchases, and safe-haven inflows amid elevated geopolitical tensions and policy uncertainty. These same factors are expected to sustain markedly high gold prices over the next two years, albeit with central bank purchases likely to moderate.

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