The Economic Times

Gold and silver price today: Gold again crosses $5,000 and silver touches $90 will gold and silver continue to gain in this cycle to touch $6,300 and $125?

Gold and silver price today: Gold prices surged 2.7% to $5,071.79 on February 4, 2026. This move reclaimed the vital $5,000 psychological floor. Silver followed with an 8% jump to $89.92. Fresh U.S.-Iran tensions drove this safe-haven rally. J.P. Morgan now forecasts gold at $6,300 by year-end. They expect central banks to buy 800 tons in 2026. This debasement trade favors real assets over paper. Silver is targeting $125 amid a sixth year of supply deficits.