Gold and silver prices surged to record highs, with gold exceeding $4,600-$5,100 per ounce and silver rising above $84-$87 per ounce by late February. Driven by safe-haven demand, industrial demand for silver, and geopolitical volatility, analysts expect gold to potentially reach $6,100–$7,000/oz and silver to test $175–$220/oz by the end of 2026.
gold was trading around $5,167 per ounce, up significantly from the start of the year. Forecasts for the end of 2026 are highly bullish, with some projections reaching up to $7,000/oz due to persistent, intense geopolitical tensions and a "risk-off" environment.
Silver has shown strong performance in early 2026, with prices reaching over $87 per ounce by February 24. It is expected to maintain strength, with some analysts forecasting it to hit over $100 per ounce, or even higher, due to industrial demand, including for solar energy components.
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