ANZ senior commodities strategist Daniel Haines stated that the outlook for gold and silver remains optimistic for 2026 following a strong performance in 2025. He pointed out that renewed geopolitical tensions, concerns about the Federal Reserve's independence, and the lack of fiscal discipline in the United States are likely to continue driving capital inflows into the gold market. Regarding silver, tight physical supply is exacerbating price volatility. Haines believes that confirmation of US import tariff exemptions would alleviate supply pressures, but the market's supply-demand imbalance and strong industrial demand will continue to provide solid support for prices. The bank expects gold prices to break through $5,000/ounce in the second half of the year. (Jinshi)