Current Status of Gold and Silver Prices and 2026 Predictions

The Gold and Silver Rally Continues

As days go by, gold and silver prices keep reaching record levels. Gold is currently trading at around $4,140 per ounce, while silver is around $51.8 per ounce.

Trade War and Geopolitical Uncertainties

Bloomberg has compiled the latest year-end predictions made by investment banks for gold and silver due to the renewed trade war between the US and China and the increasing geopolitical uncertainties.

Gold Price Predictions

Societe Generale predicts that gold will reach $4,271 per ounce by the end of 2025 and could rise to $5,000 by the end of 2026.

On the other hand, JP Morgan expects gold to dip to $3,800 in 2025, but forecasts it will rise to $4,390 by the end of 2026.

Bank of America Merrill Lynch predicts that by the end of 2025, gold will decline to $3,750, while by the end of 2026, it will be around $3,500.

Goldman Sachs forecasts that gold will fall to $4,030 by the end of the year, and that by the end of 2026, the price will reach $4,815. Morgan Stanley also suggested that gold will decline to $4,000 by the end of 2025.

Silver Prices and Expectations

Recently made predictions for silver include contributions from JP Morgan, Peel Hunt LLP, Standard Chartered Bank, UBS, and Emirates NBD. According to JP Morgan, silver is expected to fall to $42.2 per ounce in 2025, but it is predicted to rise to $46.2 in 2026.

Peel Hunt LLP anticipates that silver will drop to $47.5 by the end of 2025. Bank of America Merrill Lynch predicts that silver will fall to $40 at the end of 2025 and will remain around $45 in 2026.

Standard Chartered expects silver to decline to $35 by the end of 2025, while UBS forecasts that silver will be at $52 by the end of the year. Additionally, Citibank anticipates that silver could reach as high as $55 by the end of 2025.