The metals have lately been underperforming, with war, oil price spikes and inflation wreaking havoc on the sector. Investors have adopted a cautious stance as of late, gauging the market direction, before making any active moves. In addition to this, metals are now also approaching their breaking point, a point in trajectory where the price of gold and silver may end up moving either to new highs, or swipe down again to new lows. Which one way will the metals opt for now?
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According to the latest comments by Rashad Hajiyev, precious metals have now hit a deciding point in their trajectory. Both gold and silver are preparing for a long haul, as Hajiyev believes a new crucial point is now approaching the metals sector.
Hajiyev shared that the Trump and China meeting has been delayed, speculating that the US’s war with Iran will continue. The war may continue to spike oil prices, which in turn may fuel inflation. This narrative, per Hajiyev, believes toofis believed be a catalyst for precious metals to rally, helping gold and silver to decide their next price tops.
“I believe a moment of truth is approaching as precious metals need to decide on their direction. Gold has been stuck around $5k and silver $80 level for the the past several trading sessions Given that Trump and China’s Xi Jiping upcoming April 1, 2026 meeting is delayed, a military operation around Iran is likely to continue. The war already resulted in oil prices spiking and could go much higher igniting inflation, which means precious metals are fundamentally poised to rally. Hence, precious metals are likely going to decide on their direction already this week. The war is going to continue for some time…”
What’s Next For Precious Metals
Per Hajiyev, gold and silver may continue to peak to new highs, with silver aiming for the $140 to $150 level. Gold, at the same time, may follow the same course, hitting $5.8K to $6K in the near future.
“The gold-to-silver ratio (GTS) is bear flagging. Once it breaks down, GTS is headed towards level 40. With gold ready to shoot up to $5.8 – 6k next, silver is eyeing the $140 – 50 level…”
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