Gold industry expects price rise to $5,013 an ounce over 12 months - The Economic Times

AI desk brief

LBMA conference delegates forecast gold at $5,013/oz in 12 months, versus around $5,595/oz at the January record and roughly 3% down year-to-date as higher-for-longer rates and the Iran war weigh on the metal. The same poll sees silver at $97/oz from about $61 now, platinum at $1,914/oz from $1,706, and palladium at $1,415/oz from roughly $1,174.

The forecasts imply broad bullish sentiment across the precious-metals complex despite sharp year-to-date gains and retracements: silver is still up 147% in 2025 but down 14% this year, while platinum and palladium remain down 17% and 28% YTD, respectively.