Goldman Sachs Predicts 20% Gold Surge in 2026 as Silver Hits New Heights

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Ah, the markets-where the shiny metals have decided to step back into the spotlight after being overshadowed by their much flashier cousins, the cryptocurrencies. While the crypto world dusted itself off after the November 12-25 tumble, gold and silver decided to waltz onto the scene, with silver even pulling off a show-stealing stunt by hitting a fresh all-time high just last week. But wait, it gets juicier. Analysts and banks are rubbing their hands in anticipation, with Goldman Sachs’ own Daan Struyven casually suggesting that gold might just hit a cool $4,900 per ounce next year. Sure, why not?

Silver Roars Past $56 as Goldman Analyst Envisions Bold $4,900 Gold Outlook

As if it weren’t enough to deal with the chaos in the markets, the week of Nov. 30 has treated us to a delightful performance by U.S. equities, crypto assets, and of course, the mighty precious metals. As of Sunday, Nov. 30, gold is flirting with $4,219.55, showing a modest 1.37% increase against the dollar in just 24 hours. Don’t get too comfortable, though, because this precious metal had a spicier week. A 3.64% rise and, believe it or not, a 7.5% climb over the past month. But hold on, this is no time to applaud gold yet-let’s talk about silver, shall we?

That sneaky silver has managed to break out of its shell, outshining gold in both speed and style. The metal recently skyrocketed to an eye-popping $56 per troy ounce. To get a sense of just how much of a rebel silver has been this year, look at it now: $56.44, up 6% in just a day. Not too shabby, huh? This week alone, silver has soared by 14.1%, and in the last 30 days, it’s had a solid 18.5% growth. Retail buyers, central banks, and everyone in between are clearly gobbling it up.

Gold price on Nov. 30, 2025.

And while the world watches silver’s meteoric rise, even stablecoin juggernaut Tether is being noticed as a gold buyer. Yes, Tether. Gold’s appeal is clearly not just for traditional investors anymore. Analysts are practically frothing at the mouth about what 2026 might hold for gold, with some even forecasting it could hit $4,900 an ounce, which, you know, would make a lot of people very happy.

Goldman Sachs analyst Daan Struyven, in an interview with Bloomberg TV, suggested that the bank sees up to 20% more upside for gold by the end of 2026. “$4,900 is within reach,” Struyven said, probably while sitting comfortably on his golden throne. He also thinks that diversification could fuel this bullish run, adding that at least “two key drivers” will keep the gold engine running.

But of course, not everyone is convinced that these metals are on an unimpeded upward trajectory. Some market watchers believe that gold and silver are hitting their ceilings after these long bull runs. Gold has been climbing for what feels like forever, and silver is almost right there with it. Traders, ever cautious, are bracing themselves for what could be an imminent correction. So, does the good times keep rolling? Or is the precious metal party nearing its end? Only time will tell.

As 2025 nears its end, the precious metals sector is as full of promise as it is full of doubt. Much like the crypto world, bulls are all in for another ride, while skeptics start to wonder if the bubble will burst. We’re all left to watch as these glittering assets test their limits. Let’s just hope they don’t crash too soon, or else there’ll be a lot of embarrassed analysts out there.

FAQ ❓

  • Why are precious metals trending right now? Gold and silver saw strong weekly and monthly gains driven by rising demand in 2025. Someone’s got to be buying them, right?
  • What is Goldman Sachs projecting for gold? The bank is predicting up to a 20% increase, with a bold $4,900 target by the end of 2026. They’re not just throwing numbers out there, we swear.
  • How is silver performing compared to gold? Silver’s just shattered a record by surpassing $56. It’s the overachiever in this shiny metal race, no doubt.
  • Could gold and silver be nearing a peak? Some say yes-both metals have been on an impressive run, but all good things must come to an end… or do they?

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2025-11-30 20:39