Analysts: Gold and Silver to Rise Through 2026; Bitcoin Poised for Catch‑Up Rally
As doubts grow over the dollar’s dominance, analysts see continued inflows into gold and silver and forecast further gains into 2026. GlobalData’s Ramnivas Mundada projects gold could climb another 8–15% and silver 20–35% by 2026, citing drivers such as slowing U.S. growth, rising geopolitical risks, trade frictions, accelerated de‑dollarization by central banks, and an expected Fed easing cycle in 2026. Prominent gold bulls (e.g., Peter Schiff) warn the dollar’s structural role may be weakening and that gold could regain central-bank reserve prominence. Meanwhile, Bitcoin—recently down from its all‑time high (~$126k) to around $90k—is viewed as relatively underpriced by some analysts (e.g., Bitbank’s Hasegawa). With capital reallocating toward safe havens and away from the dollar, analysts argue Bitcoin could experience a “catch‑up” rally if precious metals’ momentum continues, attracting value‑oriented and macro-driven flows. Key themes: de‑dollarization, Fed policy, precious metals leadership, and potential re‑rating of BTC.
Bullish
The article points to sustained capital flows into gold and silver driven by macro factors—slowing U.S. growth, geopolitical risk, trade tensions, central‑bank de‑dollarization, and expected Fed easing in 2026. Those forces typically weaken the dollar and support hard assets. For crypto traders, this is bullish for Bitcoin for two reasons: (1) BTC often benefits when macro liquidity seeks inflation/FX hedges and (2) analysts argue BTC is currently lagging relative to precious metals and may attract reallocation flows, producing a catch‑up rally. Historical parallels: 2020–2021 saw macro stimulus and inflation concerns lift both gold and BTC; similarly, when institutional flows reallocated into safe havens the whole risk‑on/off dynamic shifted in favor of assets with scarce supply narratives. Short‑term implications: elevated volatility—BTC may remain rangebound while precious metals lead; traders should watch flows into gold ETFs, central‑bank reserve signals, and Fed commentary as triggers. Long‑term implications: if de‑dollarization and policy easing unfold as described, persistent upward pressure on hard assets could support a multi‑month to multi‑year bullish trend for BTC, especially if institutional macro desks shift allocations. Risk factors: stronger‑than‑expected US data, Fed hawkish surprises, or a sudden risk‑on rotation would reduce precious metals’ momentum and could mute BTC’s catch‑up. Recommended trader actions: monitor macro indicators (CPI, GDP, Fed speak), precious‑metal ETF inflows, and institutional flows in crypto ETFs; use position sizing and volatility hedges given likely choppy re‑rating.