Precious metals outlook suggests long-term rallies for silver and gold

Market analysts are projecting long-term bullish trends for precious metals despite recent price corrections and pressure from rising Treasury yields.

For silver, technical analysis suggests a potential rally to $300 by early June 2039, representing a nearly 400% increase from recent levels. This outlook is supported by a structural supply deficit; the World Silver Survey 2026 reported a 40.3 million-ounce deficit in 2025, with the shortfall expected to widen to 46.3 million ounces in 2026.

Regarding gold, analysts anticipate a turning point in October as Treasury yields and the US dollar potentially peak. While current rising yields are extending a consolidation phase, forecasts suggest gold could reach new all-time highs in 2027, with projections aiming for $10,000 or more by 2030.