In-depth data analysis, charts and research on gold, silver and precious metals trends.
67 articles
A sharp downgrade in the near-term silver price target from $100 to $85 reflects rising mine supply and softening industrial demand, yet the metal's fundamentals remain more nuanced than the headline.
A major Wall Street forecast places gold near $5,900 by late 2026, yet the metal's recent slide from near $4,880 to $4,585 is forcing bulls to reconcile lofty targets with short-term weakness.
UBS has cut its silver price forecasts across multiple timeframes, injecting a bearish note into a market that has still gained over 4% this month alone.
Goldman Sachs has set a structurally bullish gold target of $5,400, yet with the metal already down nearly 3% this week, the near-term path looks far less straightforward than the long-term thesis.
Goldman Sachs is flagging downside risks to its own gold forecast, a notable shift in tone as the metal trades 3.7% lower on the week and struggles to hold above $4,500.
Institutional forecasts now suggest gold and silver are approaching their upper limits through 2026, yet the macro backdrop that fuelled their rallies remains firmly intact.
With silver trading at $81.84 and the gold-silver ratio compressing to historic lows, the case for a prolonged consolidation band between $50 and $100 is gaining traction - but the range itself tells.
Analysts are lifting fair value estimates on gold producers like Kinross to reflect near-term price assumptions, yet gold itself sits 3% off its monthly high - a divergence worth watching.
Gold mining equities are trading at stretched valuations despite the metal sitting near $4,800 an ounce, raising the uncomfortable question of just how much good news is already baked in.
Major wealth managers are rebuilding bullion positions and targeting $6,000 gold by year-end, even as a sharp monthly pullback from above $5,100 tests conviction.
State Street's $5,000-plus gold forecast for 2026 is grabbing attention, but with gold already at $4,787 and down over 7% from its monthly high, the path to that target is anything but.
ANZ's $5,800 target and JP Morgan's more cautious stance expose a rare level of disagreement among major bank forecasters - and gold's volatile month suggests neither camp has the full picture.