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Gold and Silver Prices Expected to Surge by 2025

Gold prices may experience a pullback before rising significantly. Analyst Don Durrett forecasts gold reaching up to $3,400 and silver possibly hitting $65 per ounce by 2025.

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AI Rating:   7
Market Outlook
Don Durrett predicts a promising future for gold and silver prices, with potential growth despite an anticipated pullback. This prediction may influence investor sentiment positively towards precious metals.

Price Forecasts
Durrett's forecast indicates gold could see highs of $3,200 to $3,400, while silver may reach between $45 to $65 per ounce. This could suggest a strong upside potential for investors considering these investments in the long term.

However, it's essential to note that a temporary drop in gold prices to the range of $2,350 to $2,400 is expected before this increase, which may cause hesitation among some investors in the short term. This forecast reflects a strong belief in the overall upward momentum of these commodities.

Impact on Mining Stocks
Durrett mentions 15 silver stocks that he considers 'must-own' which may see increased interest as investors position themselves for potential gains in conjunction with rising metal prices. Companies such as Coeur Mining (NYSE:CDE) and Hecla Mining (NYSE:HL), among others, may benefit.

Investor sentiment will likely be influenced by these forecasts as they assess the risks and rewards associated with the potential volatility in the market. The mention of specific mining stocks suggests that investors may focus on stock selection based on these predictions, potentially leading to price fluctuations in the stocks mentioned based on the perceived future of gold and silver prices.