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Gold Industry Expects Price Rise to $5,013 an Ounce over 12 Months

Summary by Times of India
Gold prices are set to soar to $5,013 per ounce in the next year, while silver is expected to jump from $61 to $97 per ounce. In addition, LBMA officials foresee platinum prices climbing to $1,914 an ounce and palladium rising to $1,415. This outlook occurs against a backdrop of rising interest rate worries and geopolitical strains that continue to shape the market landscape.

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In 2025, 64% were fired, which was their largest annual increase since 1979, and reached a historic peak of $5,595 an ounce in January.

The London Association of Precious Metals (LBMA) made such projections.

The price of gold will rise to $5,013 per triple ounce over the next 12 months, reported Reuters with reference to the meeting's forecast... 06.10.2026, PRIM

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1prime.ru broke the news on Tuesday, October 6, 2026.
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