Fate-is-one-edge: Your rig is perfectly capable of running the game on stable 60 fps while maxed out on a FullHD resolution.
https://www.youtube.com/watch?v=Nx1oaLcrr6Q (Hairworks on)
Before all, check the FAQ pinned on this forum.
https://www.gog.com/forum/the_witcher_3_wild_hunt/faq If nothing works than you could pay some attention to the following.
1.As of late all owners of AMD GPUs experience lag/stuttering and graphical glitches, due to the release of the latest drivers, being unoptimized for The Witcher 3.
https://support.amd.com/en-us/download/desktop?os=Windows%2010%20-%2064 2.Unhindered compatibility of the new generation of AMD Ryzen CPUs with a Win10 OS requires a BIOS update.
https://www.pcworld.com/article/187437/software/how-to-update-your-bios.html 3.Owners of NVIDIA GPUs can refer to the release notes of the latest GPU drivers, for any issues.
http://us.download.nvidia.com/Windows/398.82/398.82-win10-win8-win7-desktop-release-notes.pdf 4.Always make sure you are using the latest GPU drivers compatible with your system.
Assuming that you are using a Windows 10 OS, be advised that any Windows updates as of late (6 months) are known to reduce gaming performance, cause input lag and stuttering or require uninstalling the GPU drivers and reinstalling them, in order to function properly.
https://answers.microsoft.com/en-us/windows/forum/windows_10-hardware-winpc/windows-10-and-nvidia-drivers-having-to/7fd3a87e-391a-42db-86f4-595de1d017d7 Even though the above rarely happens anymore, crucial files of your GPU drivers can be deleted or corrupted by new Windows 10 updates.
Let us know if you solved your problem. Good luck.
Will try to do that as soon as I'm able.
UPdate, looked into all of em, nothing helped, even tried setting pre-rendered frames to 1 and limiting the fps to 59 but it gave no fix.
P.S. The only thing that runs fine is low settings it seems, and on this PC, that's not acceptable.