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Silver Price Revised Significantly Higher For 2026 But Gold Will

Bonisiwe Shabane
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silver price revised significantly higher for 2026 but gold will

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_c We may receive commissions from some links to products on this page.

Promotions are subject to availability and retailer terms. Updated on: December 22, 2025 / 11:25 AM EST / CBS News Gold continues its run of price records in 2025, most recently surpassing $4,425 per ounce in late December. That equates to a drastic increase in gold's price for 2025 alone, with the precious metal's price upticks largely attributed to safe-haven and central bank demand. Not to be outdone, silver has also been gaining momentum, with the price of silver currently hovering above $69 per ounce (as of December 22, 2025). Industrial demand and tight supply are helping push prices higher.

And, since silver is in a considerably smaller market than gold, it doesn't take nearly as much demand to move its price considerably. With precious metal investors earning such solid returns on both metals, many investors are turning their attention to both gold and silver to determine where the prices may be headed. So will silver outpace gold in 2026? We asked experts to weigh in. Listen to this article in summarized format (Catch all the Personal Finance News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.)

Subscribe to ET Prime and read the ET ePaper online. Former President & CEO, Mercedes-Benz, Thailand Former Vice Chairman, Toyota Kirloskar Motor This year has been very good to gold (GCG26) and silver (SIH26) market bulls, as Comex futures prices have gained around $1,700 so far this year and silver has more than doubled in price. Will 2026 be as kind to the two precious metals? Given that this year’s price gains in both gold and silver are set to be the biggest ever, it would be a very tall order to expect price action in 2026 to be stronger...

But you never really know — especially in the endeavor of trying to analyze and forecast raw commodity markets prices. The longer-term price charts for gold and silver have gone “parabolic” in trading parlance, which means price action has been nearly straight up on the monthly bar charts. This suggests that from a time perspective, the years-long bull runs in gold and silver are way closer to their ends than to their beginnings. Still, the climaxing phase of a major bull move in a raw commodity market can show explosive price action to the upside before the bull rum finally ends. Silver is presently likely seeing that final, explosive price gain phase. For perspective, when I started covering the silver market in the mid-1980s, silver’s price was around $5.00 an ounce.

A big daily price move for silver back then was five cents. As I write this story today, silver futures prices are up $2.70 on the day. Gold and silver were among the standout performers in global markets throughout 2025, benefiting from rising geopolitical tensions, shifting monetary expectations and renewed interest from institutional buyers. With both metals delivering exceptional gains this year, investors are now turning their attention to what 2026 may bring. Current forecasts suggest that the upward momentum may not be over yet. Gold’s strong appreciation in 2025 was driven by tightening supply conditions and sustained uncertainty across global economies.

As markets look ahead, major financial institutions continue to project ambitious targets for the coming year. Bank of America expects gold to reach 5,000 dollars per ounce in 2026, arguing that two main dynamics remain supportive. First, despite its extended technical rally, gold is still considered underowned relative to historical norms. Second, the United States is pursuing unusually flexible economic policies that continue to bolster safe-haven demand. Deutsche Bank has also adjusted its long-term outlook, raising its average 2026 price forecast from 4,000 to 4,450 dollars per ounce. According to the bank, strong global demand—both from investors and central banks—provides a solid foundation for elevated price levels.

Another significant development shaping the gold market is the rapid expansion of Tether’s physical gold holdings. With roughly 116 tons of bullion, the company is now the largest independent gold holder outside central banks. Reports indicate that Tether purchased more gold in the last quarter than many nations, tightening physical supply and contributing to market strength. Such trends support expectations that gold could maintain its upward trajectory into 2026. We examine the factors influencing the silver market and where investors should expect the market to move next, including some of the latest silver forecasts & price predictions for 2026 and beyond from analysts... Silver spot prices have outperformed gold since early 2024, rising over 120% in 2025, and surpassing $66 for the first time after opening the year at $28.92.

These highs not seen in more than 40 years are driven by a supply deficit, expanding industrial use, as well as growing recognition of silver as both an inflation hedge and a strategic industrial... Shifting from “the forgotten asset” to one of the most powerful commodities and asset classes in 2026, the Silver price is forecasted to continue its uptrend. What will 2026 hold for silver? As we enter a new year, investors are closely watching how changes in monetary policy and global uncertainty could impact the precious metal, along with supply and demand trends in the space. With NAGA.com, you can trade Silver through CFDs (XAG/USD) if you want to speculate on price movements or invest in silver mining stocks and ETFs. As we move closer to 2026, precious metals such as gold and silver remain central to global investment strategies.

Following a strong rally in 2025 — with gold reaching record highs and silver breaking key price levels — analysts and market experts are actively assessing where prices could head next. Understanding these forecasts can help investors make more informed decisions, whether buying, selling, or holding precious metals with Exgold. Gold has risen sharply in recent years, supported by geopolitical uncertainty, strong central bank demand, and expectations of lower interest rates. Many leading institutions now anticipate further growth in 2026. Some forecasts suggest gold could approach $4,000 per ounce by mid-2026, while more bullish scenarios indicate the possibility of prices moving towards $5,000 per ounce if macroeconomic conditions remain favourable. The broader consensus points to continued strength, driven by gold’s enduring role as a safe-haven asset — particularly if inflation persists, global risks increase, and central bank buying remains strong.

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Neils Christensen Has A Diploma In Journalism From Lethbridge College

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: ...

Promotions Are Subject To Availability And Retailer Terms. Updated On:

Promotions are subject to availability and retailer terms. Updated on: December 22, 2025 / 11:25 AM EST / CBS News Gold continues its run of price records in 2025, most recently surpassing $4,425 per ounce in late December. That equates to a drastic increase in gold's price for 2025 alone, with the precious metal's price upticks largely attributed to safe-haven and central bank demand. Not to be o...

And, Since Silver Is In A Considerably Smaller Market Than

And, since silver is in a considerably smaller market than gold, it doesn't take nearly as much demand to move its price considerably. With precious metal investors earning such solid returns on both metals, many investors are turning their attention to both gold and silver to determine where the prices may be headed. So will silver outpace gold in 2026? We asked experts to weigh in. Listen to thi...

Subscribe To ET Prime And Read The ET EPaper Online.

Subscribe to ET Prime and read the ET ePaper online. Former President & CEO, Mercedes-Benz, Thailand Former Vice Chairman, Toyota Kirloskar Motor This year has been very good to gold (GCG26) and silver (SIH26) market bulls, as Comex futures prices have gained around $1,700 so far this year and silver has more than doubled in price. Will 2026 be as kind to the two precious metals? Given that this y...

But You Never Really Know — Especially In The Endeavor

But you never really know — especially in the endeavor of trying to analyze and forecast raw commodity markets prices. The longer-term price charts for gold and silver have gone “parabolic” in trading parlance, which means price action has been nearly straight up on the monthly bar charts. This suggests that from a time perspective, the years-long bull runs in gold and silver are way closer to the...