Gold and silver prices reached record highs today. Here’s what’s next for 2026

Spurred by political and economic factors, the price of gold has surged nearly 70% in 2025. How high could it rise next year? Gold and silver prices rose to record highs in early trading on Monday, spurred on by a confluence of a few different political events and economic factors, including tensions over the U.S. seizing of possibly a second oil tanker from Venezuela, speculation of future Federal Reserve rate cuts, overall economy insecurity, and bets on U.S. monetary policy in 2026.