Precious metals are gaining momentum as investors seek safety amid economic uncertainty. HSBC has raised its silver price forecasts through 2027, citing support from record-high gold prices, safe-haven demand, and persistent supply deficits. Gold remains near its highs, up about 30% this year, fueled by geopolitical tensions, trade conflicts, and waning trust in dollar assets. Analysts see continued strength ahead, with both metals benefiting from strong industrial demand and their long history as reliable hedges against inflation and market volatility.
