Gold, silver attempt rebound for second day in a row

Group 1: Gold Market Insights - Gold futures have recently stabilized around $4,900 per ounce after a period of volatility, with analysts maintaining a bullish outlook for the long term, projecting prices could reach $5,400 per troy ounce by the end of 2026 due to central bank accumulation and increased gold ETF purchases [1][2] - Year-to-date, gold prices have increased approximately 14%, indicating a strong performance despite recent fluctuations [6] Group 2: Silver Market Dynamics - Silver has experienced significant volatility, with a dramatic drop of over 30% last Friday, but has rebounded by 8% for two consecutive days, currently hovering near $90 per ounce [3][5] - Analysts from Goldman Sachs advise caution for volatility-averse clients due to a shortage of readily available silver in the London market, which is contributing to price instability [4] - JPMorgan forecasts a price floor for silver at around $75-80 per ounce this year, suggesting that the metal is unlikely to lose its recent gains [5]