Gold and silver prices are projected to experience significant increases in 2025, according to The Kobeissi Letter. Gold is expected to rise from $2,400 per ounce in 2024 to $4,500 per ounce, marking an 88% increase. Silver prices are anticipated to climb from $29 per ounce to $79 per ounce, a rise of over 170%. The report highlights that approximately 11% of Americans hold gold and 12% hold silver, with U.S. household net worth increasing by $244.5 billion this year due to these price hikes. Globally, China and India are forecasted to purchase 700-900 tons of gold annually through 2024, contributing to the doubling of gold prices. Additionally, China's planned silver export restrictions starting January 2026 are expected to exacerbate supply shortages. Despite potential short-term profit-taking pressures, analysts suggest that long-term factors such as inflation expectations, central bank interest rate cuts, and increased gold holdings by global central banks will continue to support the upward trajectory of precious metal prices.