13.10.2025 16:45
As gold and silver prices reach record highs, Bank of America has shared striking predictions for 2026. The bank forecasts that gold could reach $5,000 and silver could hit $65, indicating that the rise in precious metals will continue. Gold has reached a new peak at $4,079, while silver has hit $51.72.
Gold and silver prices started the new week with a record. The price of gold per ounce reached 4,079 dollars, while the price of silver per ounce was 51.72 dollars; Bank of America (BofA) revised its gold and silver price forecasts upward for 2026.
GOLD TARGET AT 5,000 DOLLARS
As demand for safe havens increases in global markets, Bank of America shared its new forecasts for precious metals. The bank predicts that the price of gold per ounce could reach 5,000 dollars, while silver could see a level of 65 dollars per ounce. BofA also estimated the average gold price for 2026 to be 4,400 dollars per ounce and the silver price to be 56.25 dollars per ounce.
RECORD ON TOP OF RECORD
The price of gold per ounce reached a new peak of 4,079 dollars on the first trading day of the week, with an increase of over 55% since the beginning of the year. Silver also rose to 51.73 dollars, reaching an all-time high. This year's increase has approached 78%.
INVESTORS TURNING TO SAFE HAVENS
According to experts, geopolitical risks and recession concerns are directing investors towards safe havens like gold and silver. Analysts state that BofA's forecasts strengthen the long-term bullish outlook for precious metals in the markets.