Gold has surged to a fresh all-time high, fuelling predictions it could break through the $4,000 mark before the end of the year. JPMorgan forecasts gold could top $4,000 by the second quarter of 2026, but several analysts believe the landmark may be reached sooner. Anita Wright, Chartered Financial Planner at Ribble Wealth Management, said momentum was strong: “There’s every chance the gold and silver momentum could carry further. Silver could climb toward the $50s per ounce by year-end, with gold testing the $3,800–$3,900 range. Samuel Mather-Holgate of Mather and Murray Financial said: “Precious metals are already at record highs and could be ripe for a correction.