What's Happening with Gold and Silver Prices in 2026

As of March 2026, gold is trading near all-time highs around $5,150 per ounce, while silver has surged past $90 following a historic 130% rally in 2025 .

This extraordinary price action is driven by several powerful macro forces: central banks continue record-breaking gold purchases as part of de-dollarization strategies, geopolitical uncertainty persists, and the silver market faces its sixth consecutive annual deficit with physical supply remaining extremely tight .

Major financial institutions are revising forecasts upward, with J.P. Morgan projecting silver to average $81/oz in 2026 (more than double 2025's average) and Goldman Sachs targeting $5,400 gold by year-end .

Yet despite this volatile and inflationary environment for raw materials, we've made the conscious decision to hold our prices steady. We're able to do this through demand-led production, crafting pieces in response to confirmed orders rather than holding costly excess inventory—combined with simplified supply chains and operational discipline that insulate us from short-term market swings .

While many jewelers are forced to pass along cost increases, our made-to-order approach and curated design focus allow us to absorb material volatility and deliver exceptional value to you . The investment appeal of jewelry has never been stronger, with clients increasingly comforted by purchasing products whose underlying value rises over time, but we believe lasting relationships are built on trust and accessibility, not opportunistic pricing .