Gold, Silver Prices Soar: Record Rally Extends into 2026, Experts Eye Further Gains

• Spot gold rose 0.9% to $4,351.70/ounce, spot silver jumped 2% to $72.63/ounce on Jan 2, 2026.
• Precious metals extended their record-breaking rally from 2025 into the new year.
• 2025 saw gold's biggest surge in 46 years and silver's largest annual increase ever (approx 140%).
• Rally driven by central bank buying, ETF investments, geopolitical tensions, inflation, and US dollar hedging.
• Analysts predict continued gains, with gold potentially reaching $4,500-$5,000/ounce in coming months.

Why It Matters: Gold and silver continue their record rally into 2026, driven by global factors, with further gains expected.