Investing.com: Gold and Silver Set to Print New All-Time Highs in the Months Ahead
Article by Nick Cawley in Investing.com
Silver has just posted a fresh all-time high, and gold is within touching distance of printing a new record. With little seen to disrupt this trend, either fundamentally or technically, gold and silver are set for further gains next year.
Gold and silver have experienced strong rallies throughout 2025, with gold surging over 65% year-to-date, while silver has risen by around 130%. Both metals remain in strong technical uptrends, aided by a bullish fundamental backdrop.
These rallies have been driven by a range of bullish impulses, many of which will persist over the coming months.
The Federal Reserve’s accommodative monetary policy stance has provided both metals with a strong tailwind, and with a new Fed chair set to be announced in January next year, further US rate cuts are expected.
The two leading candidates favored by President Trump for the role, Kevin Hassett and Kevin Warsh, are both expected to push for further rate cuts in 2026, easing monetary conditions further. Financial markets are currently pricing in two 25 basis point cuts in H1 2026, although any further weakness in the jobs market or a downturn in inflation could well see additional rate cuts in the second half of the year.
Gold continues to benefit from ......