economy

Gold hovers around $4,000, silver holds below $60

Gold is down almost 8% so far this year, while silver has shed more than 20%.

Gold hovers around $4,000, silver holds below $60

TL;DR

  • Gold prices are trading below $4,000 an ounce, and silver prices are below $60 an ounce.
  • Gold is down approximately 7.5% year-to-date, while silver has lost nearly 20% of its value.
  • Both metals experienced record rallies in 2025, but have since seen volatile trading.
  • Hawkish central bank policies, particularly from the Federal Reserve, and inflation fears are weighing on prices.
  • Analysts predict limited near-term recovery for gold and silver, with potential for further declines in 2027 and beyond.
  • Central banks continue to view gold as a hedge against inflation and geopolitical risks, with expectations of increased reserves.
  • Investor sentiment is shifting towards equities, with a potential for re-entry into precious metals only after a significant macro event.