Gold and silver have once again claimed the spotlight as the most sought-after assets of 2025, breaking historical records amid growing global uncertainty. Gold surged past $4,170 per troy ounce, prompting even the most skeptical investors to revise their portfolios. Silver followed suit, topping $52 for the first time, completing a glittering duo in the precious metals space.
Analysts attribute the rally to renewed geopolitical tensions surrounding China. Beijing's move to tighten export controls on rare earth elements, coupled with US President Donald Trump’s escalating tariff threats, has pushed investors back toward traditional safe-haven assets.
Bank of America is already looking ahead to 2026 with bold price predictions: $5,000 for gold and $65 for silver. In other words, these metals are no longer just safe havens—they are becoming headline performers in the global financial arena.
Central banks are reinforcing the trend. Over the past year, institutions have collectively added more than 15 metric tons of gold to their reserves, while scaling back on sales. Russia, in particular, has essentially exited the seller's market. In this context, gold has become a top choice and is now included in portfolios that were once dominated by Bitcoin.
The surge in gold prices is also a reflection of broader macroeconomic pressures: from rising sovereign debt and unresolved geopolitical risks to the ongoing erosion of investor confidence in fiat-denominated assets. Therefore, for those finding their savings accounts uninspiring, gold and silver now offer a “shiny” investment option.