全球不确定性加剧之际，分析师纷纷上调金价预测

Group 1: Gold Market Outlook - Analysts predict that gold prices are expected to reach a record performance in 2026, with a median forecast of $4,746.50 per ounce, the highest since the survey began in 2012, significantly up from last year's forecast of $4,275 [1][4] - The recent surge in gold prices has led analysts to revise their forecasts multiple times, with last year's prediction for 2026 being only $2,700 [5] - Key factors driving the bullish outlook for gold include geopolitical risks, strong central bank purchases, concerns over the independence of the Federal Reserve, rising U.S. debt, trade uncertainties, and the trend of de-dollarization [6] Group 2: Central Bank and Demand Dynamics - Analysts expect central banks to continue increasing their gold reserves to diversify and reduce dependence on the U.S. dollar; however, high gold prices may lead to a decline in jewelry demand in key Asian markets [6] - David Russell, CEO of Gold Core, emphasized that the legitimacy and resilience of systems supporting global economic and geopolitical stability are being tested in unprecedented ways [5] Group 3: Silver Market Outlook - Silver price forecasts have also been raised, with analysts now expecting an average price of $79.50 per ounce in 2026, up from the previous forecast of $50 [2][6] - The recent price increase for silver has been primarily driven by retail and momentum-based buying, alongside a long-term tightness in the physical market, which is currently easing [2][6] - Analysts anticipate that silver prices will remain highly volatile, with signs of declining industrial demand as solar panel manufacturers shift to alternative materials, and jewelry demand also weakening [3][7]