Silver to $39.50: Up 9.4% Past 30 Days
A Reuters poll of 40 analysts and traders predicts gold will stay historically high as investors seek safety amid global trade tensions and rising U.S. debt. The median forecast places gold at about $3,220 per ounce in 2025 and $3,400 in 2026, up sharply from previous estimates.
Spot gold has gained roughly 27% this year and briefly hit $3,500/oz in April when U.S.–China trade hostilities intensified. Analysts such as David Russell of GoldCore view gold as a signal of fiscal fears and see $4,000/oz as plausible by late 2026 if U.S. debt concerns deepen.
Rising central‑bank demand, especially from China, and diversification away from the U.S. dollar underpin the rally. Silver has also benefited; it is up about 32% this year and forecast to average $34.5 in 2025 and $38 in 2026.
