Gold and Silver Prices Set to Soar to $4,000 and $60 in Next 12-24 Months
Analysts from major financial institutions have dramatically increased their price targets for gold and silver, predicting ranges of $4,000 to $5,000 for gold and $45-60 per ounce for silver within the next 12-24 months. This follows a remarkable surge in 2025, with gold surpassing $3,600 and silver climbing past $38 per ounce.
Technical indicators confirm the uptrend for both metals. Gold's 50-day moving average above the 200-day average and a bullish flag pattern suggest further upside potential above $4,000. Silver's hammer candlestick and ascending wedge pattern point to a breakout aiming for new highs near $50 and potentially $70 by 2030. Inflation, stubbornly high in major economies, drives investors towards these traditional hedges. Despite recent gains, both metals remain undervalued relative to historical precedents when adjusted for the price of silver and gold.
Multiple factors converge to create a potentially historic gold and silver bull market. The US dollar's relative weakness makes precious metals more affordable for international buyers. Silver's role in renewable energy technologies creates structural supply constraints. Gold's price action shows exceptional resilience, with shallow pullbacks quickly absorbed by buyers.
Analysts predict gold and silver prices to reach $4,000-5,000 and $45-60 per ounce respectively within the next 12-24 months, driven by persistent inflation concerns, significant central bank gold dynamics, and growing skepticism towards traditional fiat currencies. These projections reflect a remarkable surge in the precious metals market, with gold and silver reaching unprecedented heights in 2025.
