In the Press

Lower rates generally support gold by reducing the opportunity cost of holding the non-yielding asset, while higher rates and bond yields tend to weigh on bullion. Meanwhile, longer-term expectations remain bullish. Metals Focus expects gold to reach new all-time highs in 2027, suggesting that the current consolidation may precede another period of gains. By The Express Tribune

Gold is expected to reach fresh all-time highs in 2027 as persistent inflation, heavy government borrowing and uncertainty over US policy encourage investors to diversify away from traditional dollar assets, according to Metals Focus. By Stuart Fieldhouse for The Armchair Trader

Metals Focus, a leading precious metals consultancy, has announced the publication of its Precious Metals Investment Focus 2026/2027 report, its flagship annual report on investment in gold, silver, and platinum group metals. By Modern Mining

Precious metals consulting firm Metals Focus forecasts gold prices will reach new record highs in 2027 as investors seek alternatives to traditional USD-denominated assets. The firm predicts the average gold price next year will reach $5,330 per ounce. By VietnamPlus

Central bank demand for gold is expected to slow by 15% year on year to 720 metric tons in 2026, according to Metals Focus’s June forecast, but it is still set to remain above pre-2022 levels. Altimari says the gold market has undergone a structural shift since 2022, driven by purchases from central banks in emerging economies. By Oleg Tkachenko for TU News

Laos produced about 12 tonnes of mined gold in 2025, ranking sixth in Asia, according to the World Gold Council and research consultancy Metals Focus. Lao authorities estimate that the country has between 500 and 1,000 tonnes of gold reserves underground. By Surin Janepittaya for The Nation

A consulting firm called Metals Focus has said gold could average $5,330 an ounce in 2027. The figure is a forecast. It is not a price. It is not a promise. And it is not, by itself, another gold record high. Gold already printed a record in late January 2026. Then it gave a large part of that gain back. By Ben McGregor for Canadian Mining Report

SORRENTO, Italy, Oct 5 (Reuters) – Gold remains a strategic reserve asset as concerns over rising government debt and geopolitical instability boost its appeal as a haven from risk, two central bankers said on Monday, even after this year’s surge in bond yields. By Pablo Sinha for Reuters

New report from Metals Focus on emissions, energy and water use, health and safety and governance. By James Stent for Mining Magazine

Philip Newman, MD of Metals Focus, said silver could rise to $80 if gold reaches $5,000. In India, festival demand remains cautious amid price volatility, with orders being postponed rather than cancelled, while gold recycling remains limited. By Manisha Gupta for CNBC TV18

The Silver Institute and Metals Focus expect the silver market to record a sixth consecutive structural deficit, with 762 million troy ounces drawn from stocks since 2021, increasing the potential for renewed liquidity constraints. The global silver deficit is projected to widen to 46.3 million ounces in 2026 from 40.3 million ounces in 2025, despite total demand declining 2%. By Kedia Advisory

AI-related technologies are emerging as a new source of demand for platinum group metals, including platinum, ruthenium and iridium. According to Metals Focus, this trend could become increasingly important as hydrogen-related demand remains relatively limited, with electrolysers expected to account for only about 45,000 ounces of platinum consumption in 2026. By Frank E Holmes for Kitco News

The scale is smaller than the headline suggests. Roughly 7 Moz annualised at the midpoint is 0.83% of the 844.1 Moz of mine supply that Metals Focus and the Silver Institute forecast for 2026. It does not break the market this year, and it should not be presented as though it does. By The Silver Engineer

The Silver Institute, in its World Silver Survey 2026 with Metals Focus, projects a 46.3 million ounce deficit for the year. That’s the sixth consecutive annual shortfall, widening from 40.3 million ounces in 2025. Total demand runs at 1,112.6 million ounces against total supply of 1,066.4 million ounces. By GoldSilver

Beneath the day-to-day noise, however, sits a supply story that has quietly become the defining feature of the silver market. According to Metals Focus data commissioned by the Silver Institute, 2026 is shaping up to be the sixth consecutive year of structural deficit, with the market facing a shortfall of 46.3 million ounces. Global mine production is projected at 844.1 million ounces — actually slightly below last year’s 846.6 million — underscoring how persistently supply has lagged demand. By ad-hoc-news.de

Is the Silver Supply Deficit Still Relevant in July 2026? Yes — and importantly, the price correction has not changed it. The Silver Institute’s World Silver Survey 2026, published April 15, 2026 with research by Metals Focus, confirmed the sixth consecutive annual supply deficit at 46.3 million ounces — wider than 2025’s 40.3 million ounce gap. [Silver Institute] In fact, since 2021, the cumulative drawdown from above-ground stocks has reached 762 million ounces. By goldsilver.com