Gold Price Forecast: LBMA Delegates See $5,000 Gold and $97 Silver Within 12 Months

Why Delegates Are Bullish on Gold Central bank buying: UBS Asset Management's reserve survey found 65% of respondents hold gold mainly for diversification. Sovereign debt concerns: Rising government debt is raising questions about the safe-haven role of bonds. Geopolitical fragmentation: A changing global monetary system supports demand for hard assets. Silver Outlook: Industrial Demand and Price Risks Silver gains support from AI infrastructure, electric vehicles and electrification. High prices are pushing some industrial users to cut consumption, but delegates said structural demand remains healthy. Silver already trades above the $59.10 forecast made at the 2025 conference, despite a correction from this year's highs.

How Reliable Are LBMA Forecasts? Last year's delegates expected gold near $4,980 and spot gold today trades near $4,160, below that level. Consensus surveys show how widespread bullish sentiment is, but they are not timing tools. Gold hit a record $5,595 in January and has since slipped, and delegates expect continued volatility while interest rates and bond yields stay elevated.

FAQ What is the gold price forecast for the next 12 months? LBMA delegates forecast $5,013.30 an ounce, about 20% above the spot price at the time of the survey.

What is the silver price forecast? The survey figure is $94.70 an ounce, a gain of more than 54%. Some outlets report the headline as $97.

Is this financial advice? No. This article is for information only. Forecasts can be wrong. Consult a licensed adviser before investing.

Source figures: Kitco News, Investing.com, Finimize. Published by Next Trends Trading.