Precious metals consultancy Metals Focus says in its latest ‘Precious Metals Investment Focus’ report for 2025/26 that gold prices will continue to rise in 2026, with the metal likely to reach the $5 000/oz level. The consultancy explains that ongoing uncertainty on US trade policy, a weaker dollar and declining real interest rates are key drivers for an even higher gold price. By Marleny Arnoldi for Creamer Media’s Mining Weekly

This year, demand for the metal is expected to exceed supply for the fifth consecutive year, according to Silver Institute forecasts. “I think the deficits are the slow burn,” said Philip Newman, director of consultancy Metals Focus. “Just the size of the deficits have been so remarkable, and it takes time for that to manifest itself in the price.” By Mining.com

Metals Focus attributed the rising popularity of silver investing to superannuation accounts and the favourable tax structure applicable to physical silver investment products as the main reasons for Australia’s market growth.

“Silver’s relative popularity compared to gold among Australian retail investors is among the highest in the world,” the report said. “Although gold is often the starting point for investors looking to invest in precious metals, relative allocations to silver are larger than what we see elsewhere. By Kristie Batten for Stockhead

Independent precious metals research consultancy Metals Focus PGM research director Wilma Swarts was bullish at the PGMs Industry Day on palladium and rhodium, while S&P Global Commodity Insights senior mining analyst Jason Holden took a similar view on the supply of palladium, highlighted Mainama. By Creamer Media’s Mining Weekly

Despite recent pressures, silver prices are likely to head higher in the coming months, according to Chirag Sheth, Principal Consultant for South Asia at Metals Focus. Silver briefly weakened due to two factors – lower base metal prices and discussions in the US about cutting tax benefits on green energy. These affected sentiment since silver is used in electric vehicles and solar panels. By Manisha Gupta for CNBC

Metals Focus sees the global platinum market in a deficit of 529,000 ounces this year, but the resulting reduction in above-ground stocks will still leave them at 9.2 million ounces, equal to 14 months of demand – a fairly comfortable buffer. While uncertainty over U.S. trade policy on platinum lingers, raising import tariffs for the metal would ultimately be counterintuitive, says Wilma Swarts, director of PGMs at Metals Focus, as North American supply falls short of the region’s demand. By Polina Devitt and Anushree Ashish Mukherjee for Reuters

At the heart of gold’s appeal is its freedom from government liabilities, market experts gathered at the annual Asia Pacific Precious Metals Conference told CNBC on Monday. “Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus. “When an investor owns Treasurys, other sovereign bonds and even currencies, they are ultimately buying into the respective economy,” he said. By Lee Ying Shan for CNBC

Global gold supply is projected to rise by 1% in 2025, driven by higher mine production and steady recycling activity, according to the latest annual report by precious metals consultancy Metals Focus. The firm’s newly released Gold Focus 2025 report offers an in-depth examination of trends across gold supply, demand, pricing, and investment behavior, presenting both historical data from 2016 to 2024 and forecasts for the current year. By Matthew Evanoff for Mining Feeds

Significant gains in gold mine production will lift total global gold supply by 1% this year, precious metals consultancy Metals Focus has revealed in its newly published ‘Gold Focus 2025’ report. The yearly report, the latest edition of which was published this week, offers a comprehensive analysis of the global gold market. It includes historical supply-demand data from 2016 to 2024 and provides a detailed forecast for this year. By Darren Parker for Creamer Media

Metals Focus, a leading precious metals consultancy, has published its Gold Focus 2025, offering a comprehensive analysis of the global gold market. This flagship annual report includes historical, supply-demand data from 2016 to 2024 and provides a detailed forecast for 2025. By Modern Mining

LONDON, June 5 (Reuters) – Central banks worldwide are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves from dollar-denominated assets into bullion, consultancy Metals Focus said. Gold prices are up 29% so far this year after hitting a record high of $3,500 per troy ounce in April on geopolitical tensions and economic uncertainty as U.S. President Donald Trump continues to roll out his tariff policies. By By Polina Devitt for Reuters

Gold still has plenty of momentum to push higher in 2026, according to Metals Focus’ flagship precious metals report, Gold Focus 2025. In its annual report published Thursday, analysts at the British research firm said they expect gold prices to reach a record annual average of $3,210 this year, with new highs likely in the second half of the year. By Neils Christensen for Kitco News

The annual average gold price is forecast to surge by 35% to a new record high of $3,210 in 2025. This is according to forecasts in the Gold Focus report from Metals Focus, released today. The Gold Focus is Metals Focus’ flagship annual publication on the gold market. Published in June, it contains comprehensive historical statistics on gold supply and demand and a forecast for the current year. The report features detailed analysis of all aspects of gold fundamentals, including mine production, recycling and demand for gold in jewellery as well as other applications. By Stuart Fieldhouse for the armchair trader

This renewed Chinese interest aligns with broader structural issues in the platinum-group metals (PGMs) market, as detailed in a recent report by research firm Metals Focus. It notes that all five PGMs — platinum, palladium, rhodium, iridium and ruthenium — ended last year in physical deficit. Platinum alone saw a second consecutive year of shortfall, with Metals Focus placing total global production at 5.77 million ounces, still well below the 2010 to 2021 annual average. By Giann Liguid for Investing News network

Don’t expect a turnaround in PGM markets was the message this week during London Platinum Week. Although it was just last year hydrogen was lauded as the future for PGMs, Wilma Swarts, director of PGMs, Metals Focus, told Mining Journal that the landscape has now changed. Swarts said that “there was some contention” around hydrogen. By Siobhan Lismore-Scott for Mining Journal

Despite economic and geopolitical upheaval, 2024 was relatively calm for platinum-group metals (PGMs). In its new PGMs report, research firm Metals Focus notes that all five PGMs — platinum, palladium, rhodium, iridium and ruthenium — ended 2024 in physical deficit, marking a pivotal year of stabilization and supply strain. By Giann Liguid for Investing News Network