3 weeks ago
Gold may hit $5,000 by end-2026, says Metals Focus
Gold is a shiny yellow metal that people like to keep as treasure.
Some people think its price will go way up in the next couple of years.
A company called Metals Focus studies metals and makes predictions about them.
They say gold might cost $5,000 for one small bar by the end of 2026.
Why would it cost so much?
One reason is that the Federal Reserve, which is the central bank that helps the United States economy, might make borrowing money cheaper.
When that happens, people often want to buy gold instead.
Another reason is that lots of people in India like to buy gold for special occasions.
Silver is another shiny metal, and it might also go up in price.
But silver prices might not grow as fast as gold right now.
That is partly because some countries limit how much silver can be brought in from outside, which makes the silver available in those places more expensive.
Metals Focus forecasts gold could hit $5,000 per troy ounce by the end of 2026.
A softer Federal Reserve outlook is cited as a key factor supporting gold prices.
Demand from India is also expected to support gold prices.
Silver is likely to remain in an uptrend but could lag gold in the near term, according to Harshal Barot.
Import restrictions are limiting silver supplies and keeping domestic premiums elevated.
- Who
- Metals Focus, a metals research consultancy, with comments from Harshal Barot, Senior Consultant for South Asia and Middle East.
- What
- A forecast that gold may hit $5,000 by end-2026, supported by a softer Federal Reserve outlook and India demand, while silver is expected to rise but lag gold.
- Where
- Global precious metals markets, with India highlighted as a key source of gold demand.
- When
- By the end of 2026, the forecast horizon stated in the article.
- Why
- A softer Federal Reserve outlook and strong demand from India are expected to support gold prices, while silver gains are limited by import restrictions that keep domestic premiums elevated.
Key facts
- Gold price forecast
- $5,000 per ounce by end-2026
- Forecaster
- Metals Focus
- Analyst
- Harshal Barot, Senior Consultant, South Asia and Middle East
- Key gold drivers
- Softer Federal Reserve outlook; demand from India
- Silver outlook
- Uptrend expected, but likely to lag gold in the near term
- Silver constraint
- Import restrictions limiting supplies; elevated domestic premiums










