Gold could surpass $4,000 per ounce for the first time

The average annual gold price could exceed $4,000 in 2026, while silver is expected to reach $50 per ounce.

Analysts forecast record price growth for gold and silver in the coming years, driven by economic and geopolitical uncertainty, central bank purchases, and strong investor demand.

In 2025, gold has already shown impressive gains, rising 54% so far, making this year potentially the best since 1979. Experts note that demand reflects a deeper loss of confidence in the financial system and continued interest in safe-haven assets.

Silver is also expected to rise sharply, with an average price of $38.45 in 2025 and $50 in 2026. Demand is supported both by investment flows and industrial use in solar energy, electric vehicles, and data centers, amid ongoing structural supply deficits.