According to a report by Mining.com, gold, silver, and platinum have reached all-time highs, driven by escalating geopolitical tensions and a weak US dollar. Spot gold reached $4,540 an ounce, while silver surged over 9% to $78.30. Platinum and palladium also saw significant gains, with platinum advancing 10% to $2,475 and palladium rising 13% to over $2,000. The rally has been underpinned by robust central bank purchases and inflows into exchange-traded funds, with physically-backed gold ETFs on track for their biggest inflow since 2020. As reported by Bloomberg and Reuters, analysts predict prices will continue to rise in 2026, with Goldman Sachs forecasting a base-case scenario of $4,900 an ounce for gold.

Gold, Silver Rally