Silver Rises Over 120% YTD 
Macquarie Group analysts predict gold could reach a record high of $3,500 per ounce in the third quarter, averaging around $3,150 during that period. Currently trading at $2,940, gold has already risen 12% this year amid geopolitical uncertainties and concerns about President Trump’s tariff policies. The analysts attribute this bullish outlook to growing investor preference for gold’s lack of credit or counterparty risk, with additional support expected from a potentially widening U.S. deficit and resilient physical demand despite high prices. Both Goldman Sachs and Citigroup have also raised their gold targets to $3,100 and $3,000 respectively.
Articles
Dollar Dominance Is Fading. Gold and Silver Are Paying Attention.
With gold above $4,600 and silver trading at historically unprecedented price levels, one signal explains the move: dollar dominance is fading — and precious metals are the direct beneficiary.
May 13, 2026
