Gold and Silver Prices Set for Strong Gains in 2025

Gold’s winning streak is expected to continue into 2025, with analysts predicting an average price above $4,000 per ounce. According to a Reuters poll of 39 traders and analysts, the price of gold is forecast to average $3,400 per ounce next year, up from $3,220 in July 2025. Analysts also predict that gold could reach $4,275 per ounce by 2026, marking a sharp increase from previous forecasts. Gold has already gained 54% this year, pushing it to record highs.

Analysts attribute gold’s surge to ongoing economic and geopolitical instability, which has bolstered its role as a safe-haven asset. With central banks increasing their gold reserves and demand growing for exchange-traded funds (ETFs), the metal’s rise is underpinned by global uncertainty. Additionally, expectations that the U.S. Federal Reserve will cut interest rates have further supported gold’s appeal. Analysts note that the demand for gold is shifting, as investors no longer view it merely as a hedge against short-term shocks, but as a long-term store of value.

Read More:Gold Prices in Pakistan Hit New Record High

While gold is expected to see continued growth into 2026, the pace of its price increase is expected to slow. Despite this, central banks are anticipated to continue buying gold for reserve diversification, and investors are increasingly treating it as a core portfolio asset. Analysts predict that official sector purchases, retail investment, and institutional demand will remain the dominant drivers of gold’s price.

Silver is also seeing bullish price forecasts, with analysts increasing their 2025 outlook to $38.45 per ounce, up from $34.52. The white metal’s forecast for 2026 has also been raised to $50 per ounce, reflecting its strong growth potential. Silver, which has gained 65% this year, has benefited from both its safe-haven status and industrial demand. Sectors such as solar technology, electric vehicles, and AI data centers are driving silver’s strong outlook.

Analysts expect silver to continue benefiting from supply deficits and robust demand across various sectors. As a cheaper alternative to gold, silver remains an attractive investment for those seeking exposure to the metals market. Investment demand will remain a key driver for silver, especially as its industrial uses continue to expand.

Read More:Gold Prices Rise in Pakistan Following Global Market Gains

Gold prices in Pakistan rebounded on Saturday, October 25, 2025, following gains in the international market, according to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA).

The price of 24-karat gold increased by Rs1,800 per tola, closing at Rs433,662, up from Rs431,862 the previous day. Meanwhile, 10 grams of 24-karat gold rose by Rs1,543 to Rs371,795, and 10 grams of 22-karat gold reached Rs340,824 after a gain of Rs1,414.

In the global market, gold edged higher to $4,113 per ounce, marking an increase of $18.