Silver at All-Time High as Banks Predict $5,000 Gold in 2026

Silver touched a record high of $57.86 per ounce Monday, surging nearly 90% year-over-year as physical supply tightens and traders price in a December Fed rate cut. Gold also climbed to a six-week high of $4,241, with major banks including JPMorgan and Goldman Sachs now projecting prices could surpass $5,000 in 2026. The rallies come as central banks accelerate their shift away from dollar reserves and industrial demand for silver—driven by solar, EVs, and AI—outpaces supply for the fifth consecutive year. Meanwhile, Barrick Gold explores a potential breakup amid investor frustration, and President Trump’s economic messaging collides with voter concerns over persistent inflation.
