Gold prices will rise above $5,000 per ounce in the first quarter, with silver reaching $100 per ounce, but while silver and other industrial metals will likely continue to outperform, gold prices could take a significant hit later in 2026 as global tensions ease, according to analysts at Citi. Strategists led by Kenny Hu raised their 0–3 month target for gold to $5,000 per ounce and silver to $100 per ounce on Tuesday, as the Wall Street firm projects the ongoing bull market for precious metals to continue through early 2026. The strategists cited “heightened geopolitical risks, ongoing physical market shortages, ... (full story)