Analyst: Gold and silver may reach $5,000 and $90 respectively by 2026

DeepFlowTech · 2025-12-26T06:56:37+00:00

Spot gold and silver respectively hit all-time highs, driven by factors such as thin liquidity at year-end, a weakening dollar, and geopolitical risks. Analysts predict that gold may reach $5,000 next year, and silver could hit $90. Platinum and palladium also surged significantly due to tight supply.

DeepFlowTech

2025-12-26 06:56:37

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Deep Tide TechFlow News, December 26 — According to Jinshi Data, spot gold touched a record high of $4530.6 per ounce on Friday, and spot silver briefly reached a historic high of $75.14. Kelvin Wong, Senior Market Analyst at OANDA, stated that since early December, momentum-driven and speculative traders have been pushing up gold and silver prices. The combination of thin liquidity at year-end, expectations of prolonged rate cuts by the Federal Reserve, a weakening US dollar, and surging geopolitical risks has collectively driven precious metals to new record highs. In the first half of next year, gold could advance towards $5000 per ounce, while silver has the potential to reach around $90 per ounce. Additionally, platinum and palladium have surged due to tight supply, tariff uncertainties, and rotation in gold investment demand, with platinum up about 165% and palladium up over 90% so far this year. Jigar Trivedi, Senior Research Analyst at Citic Securities, said that platinum is supported by strong industrial demand, and US stockpilers have been replenishing inventories amid concerns related to sanctions, helping to sustain high prices.

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