: Analysts predict gold could reach $3,750–$5,000 and silver $43–$62 by the second half of 2026. Driving Factors :
: Silver, in particular, is facing its fifth consecutive year of structural supply deficit due to accelerating industrial demand. 2. The Circular Economy: Recycling vs. Mining
Buying and refining gold and silver from the public is significantly more sustainable than primary extraction. Urban Mining for Gold and Silver
: Central banks are purchasing over 1,000 tons annually to diversify reserves.
: A shift toward a "hard asset" allocation (up to 20% of portfolios) is replacing the traditional 60/40 model.