AUVESTA Market Report 2026: Gold +47.5%, Silver +133.2%

Precious metals markets in 2025: A historic year

The year 2025 was a milestone for precious metal investors. Gold rose 47.5% and broke through the $3,000 per ounce mark for the first time. Even more impressive was the performance of silver, which rose 133.2%, driven by rising industrial demand and its growing importance in the photovoltaic industry.

This development confirms what experienced ratio traders have long known: the gold-silver ratio is one of the most reliable indicators for optimal entry and exit points for precious metal investments.

Gold-silver ratio: analysis and forecast

The gold-silver ratio ranged between 65 and 85 in 2025. At the end of the year, it stood at around 72 – a level that, historically speaking, suggests a slight overweighting of silver. For 2026, analysts expect a ratio in the range of 45 to 65, which points to further outperformance by silver.

AUVESTA Switch Pilot: 99% success rate

The AUVESTA Switch Pilot, which automatically uses the gold-silver ratio for optimal portfolio rebalancing, achieved an impressive success rate of 99% in 2025. The system analyzes the ratio development and performs automatic switches between gold and silver when the ratio reaches extreme values.

For investors, this means that intelligent ratio trading has enabled them to significantly increase their precious metal holdings compared to a pure buy-and-hold strategy – without deploying additional capital.

Outlook for 2026: Gold target of $5,000?

Several factors point to a continuation of the precious metals bull market in 2026: ongoing geopolitical uncertainty, record-level central bank purchases, and increasing de-dollarization are driving demand. Some analysts already see gold on its way to the $5,000 mark.

Silver could once again benefit disproportionately, as industrial demand continues to rise due to the global expansion of renewable energies. The current ratio of 72 offers an attractive entry point for ratio traders.

Conclusion