Gold and silver, which delivered exceptional returns in 2025, are likely to extend their strong upward momentum into 2026, according to bullion market experts. Investors who backed precious metals last year saw historic gains, and the outlook remains bullish amid ongoing global uncertainty.
In 2025, gold prices surged by nearly 65 percent, while silver recorded an extraordinary rise of more than 140 percent. Market analysts believe that the factors driving this rally remain firmly in place and could push prices to new record levels in the coming year.
Gold May Touch $5,000 per Ounce
India Bullion and Jewellers Association (IBJA) Gujarat President Nainesh Pachigar said the positive trend in precious metals is unlikely to fade anytime soon. Speaking to IANS, he noted that international developments continue to support higher prices for gold and silver.
“At present, gold is trading around $4,300 per ounce in the global market,” Pachigar said. “Based on current conditions, it could rise to $5,000 per ounce.” This indicates a potential upside of over 16 percent from current levels, making gold an attractive option for long-term investors.
Silver Seen Rising to $85
Silver, which outperformed gold last year, also has strong growth prospects. Pachigar expects silver prices to climb from the current $70 per ounce to around $85. This suggests a possible gain of nearly 20 percent, supported by industrial demand and investor interest.
Experts point out that silver benefits from both safe-haven buying and its growing use in technology and renewable energy sectors, which strengthens its price outlook.
Lab-Grown Diamonds Gain Popularity
Commenting on the diamond market, Pachigar said consumer preferences are shifting. Due to lower prices, demand for lab-grown or synthetic diamonds has increased significantly across global markets. In contrast, natural diamonds have seen slower growth in recent years.
However, he added that this trend may not be permanent. “Over the next three to four years, natural diamonds could regain demand as market dynamics change,” he said.
Global Uncertainty Fuels Precious Metals
Market analysts attribute the 2025 rally in gold and silver to global economic uncertainty, US tariff concerns, and rising geopolitical tensions among major nations. Financial firms, including Nuama Professional Clients Group, believe that despite temporary price stabilization, the long-term outlook for both metals remains bullish.
As investors seek safety amid volatility, gold and silver continue to strengthen their position as preferred assets in uncertain times.
