Reuters: Gold will continue to rise in 2026 and a warning about silver’s volatility
A survey conducted by the agency showed "Reuters" Gold is expected to achieve another record performance in 2026, as analysts raised their expectations for the precious metal, with continued geopolitical uncertainty, and strong purchases by central banks. An opinion poll was conducted "Reuters" Over the past three weeks, the average forecast of Gold price at $4,746.50 per ounce in 2026, compared to $4,275 estimated in October 2025, the highest annual forecast in surveys. "Reuters" Which dates back to 2012.
The upward trend still exists
Gold ended the week’s trading at $4,964.62 per ounce, recovering a large portion of its losses following the collapse that broke out following the nomination of Kevin Warsh by US President Donald Trump to head the Federal Reserve Board (the US central bank). Analysts believe that the factors driving higher gold prices – including geopolitical risks, aggressive central bank purchases, concerns about the independence of the Federal Reserve, rising US debt, trade uncertainty, and declining use of the dollar – will continue to support this safe-haven asset in 2026.
Gold Price Forecast
Analysts at Deutsche Bank said: "The main factors affecting gold remain positive, and we believe that investors are motivated to allocate their investments to gold and Precious metals are unchanged". Analysts expect that central banks will continue to increase their gold reserves as part of asset diversification and reduce dependence on the US dollar, despite expectations that demand for jewelry will contract further in major Asian regions due to rising prices.
Silver Price Forecast
Analysts currently expect the average price of silver to reach $79.50 per ounce in 2026, compared to expectations of $50 in the October survey. Analysts warned that Silver prices will remain highly volatile, with sharp declines likely due to reduced demand. Carsten Meinke, an analyst at the bank, noted "Julius Baer"indicates that industrial demand for silver is already showing signs of decline, as solar panel manufacturers turn to other sources for cost reasons, while demand for silver jewelry is also declining.
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