Citi: Gold to consolidate, silver to break out in 2026

• Citi turns cautious on gold for 2026, expecting its extraordinary run to pause as key macro drivers fade.
• Gold is projected to ease to $3,600-$3,800 by end-2026 in Citi's base case, with a 30% chance of reaching $5,000.
• Citi sees more upside for silver, projecting continued outperformance due to supply deficit and robust industrial demand.
• Silver is expected to reach $62 in the baseline scenario and up to $70 in a bullish outlook.
• Investor allocations are shifting from gold to silver and other growth-linked metals, reflecting optimism about the US economy.

Why It Matters: Investors should reconsider gold and eye silver for future gains.