Gold and Silver Are Breaking Records Almost Daily

After reaching a new record close on Tuesday, gold futures are on the path to yet another record price on Wednesday in overseas markets. This would be the19th new record close since September 2nd. Gold futures were last seen at $4,176.70 representing a $17 (0.41%) gain at time of writing. 

Silver showed a lot of volatility on Tuesday, with extreme intra-day highs and lows. the range exhibited on Tuesday alone in silver futures totaled $3.74 or 7.68%. In the end silver futures would close lower by 0.85% still above $50 at $50.34. On the same hand silver futures did make a new record high of $52.49. 

Now many hedge funds and large-scale institutional investors are now calling for $5,000 gold in 2026, including Goldman Sachs and Bank of America. 

" While acknowledging the possibility of a near-term correction, BofA maintains that sustained investment demand could drive further gains. The bank calculates that a 14% increase in investment demand, similar to 2025's pattern, would be sufficient to propel gold to the $5,000 milestone.”

Wishing you as always good trading,