Gold, silver show dazzle in 2025, but rally far from over as 2026 outlook remains firm

Gold and silver experienced a remarkable rally in 2025, driven by geopolitical shocks, a shift to hard assets, and macroeconomic uncertainty. Analysts predict continued strength into 2026, citing persistent central bank buying, tight physical supply, and accelerating industrial demand, with gold targeting $5000-$5500 and silver potentially reaching $95-$100 per ounce.