Newman: Silver to hit $70 next year, Gold $5000 by 2026; warns of volatility

• Metals Focus' Philip Newman projects silver to reach $70/ounce next year, despite expected volatility.
• ETF demand contributes to silver market tightness, though India's temporary pullback eases pressure.
• Industrial silver demand, particularly in the PV segment, may ease due to elevated prices.
• Indian investor behavior regarding profit-taking or continued buying will be crucial for silver imports.
• Newman also forecasts gold could exceed $5,000/ounce by end of 2026, driven by a dovish US Fed and strong central bank buying.

Why It Matters: Future silver and gold price forecasts offer key insights for investors.