Opinion: Although gold and silver prices may face short-term profit-taking pressure, long-term macro factors will still support the rise of precious metal prices.

PANews December 29 News, the capital market commentary journal The Kobeissi Letter pointed out that in 2025, gold and silver prices will surge dramatically, becoming the “new stimulus check.” Gold prices will rise from $2,400 per ounce in 2024 to the current $4,500 per ounce, an increase of 88%; silver prices will rise from $29 per ounce to $79 per ounce, an increase of over 170%.
It is estimated that about 11% of Americans hold gold, and about 12% hold silver. U.S. households have increased their net assets by approximately $244.5 billion this year due to the rising prices of gold and silver. Globally, China and India purchased 700-900 tons of gold annually between 2022 and 2024, driving gold prices to double.
Additionally, China plans to implement silver export restrictions starting January 1, 2026, further tightening market supply. Analysts believe that although there may be short-term profit-taking pressure and even capital rotation into stocks and cryptocurrencies, long-term factors such as inflation expectations, central bank rate cuts, and global central banks increasing gold holdings will continue to support the rise in precious metal prices.