2026 is projected to be the year when metals may finally lead the financial domain. Experts and analysts are now signaling that 2026 might be the biggest breakout year for the gold price, which could help it ascend even higher, potentially reaching the $8K realm easily. Moreover, silver is also expected to forge new highs, driven by its commercial demand, to hit $100 in due time. What’s happening to metals as of late?

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Gold $8K Prediction

According to notable financial expert Rashad Hajiyev, gold is now heading for a new high, possibly reaching the $ 8,000 mark. Hajiyev took to X to share a detailed analysis, claiming how gold had earlier octupled from 2001 to 2011, rising from $250 to $1920. The cycle is on the verge of repeating, as the gold price has long been under a bullish pattern. This pattern started in 2009, when gold hit $1920.

“From 2001 to 2011, gold prices nearly octupled, rising from $250 to $1,920. Gold’s new bull run started in 2016, or 9 years ago, when it was trading at around $1k.”

Hajiyev was quick to add how he wouldn’t be surprised if gold hits $8K, as its chart is now showing the asset following a similar momentum.

“I would not be surprised if the gold price doubles from the present level. Reaching $8k by the end of the next. If gold increased nearly 8-fold within 10 years before, why can’t it repeat it again? I believe chances are high that gold hits $8k by the end of 2026…”

What About Silver?

Hajiyev further outlined his case for silver, adding how the asset may finally surpass obstructions that may constantly put the asset below the $50 mark. Silver price is now looking for new highs, with Hajiyev projecting $96 and more for silver to bank on for years to come.

“Silver has been fighting over the 1980 and 2011 high $50 level for the past several weeks. It looks like that bear finally gave up, and there is no turning back to the $50 mark. A breakout of a 45-year cup & handle formation. It suggests an immediate target of $96. But I am pretty confident silver will go much, much higher over the years. The game is on for silver.”

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