Gold prices may reach $2,700 per ounce this year, and silver prices may hit $35 per ounce.

Next year, gold prices could challenge $3,000 per ounce, while silver could reach $45 per ounce. However, this process won't be a straight climb; there will be fluctuations along the way, including pressure from electronic trading, leading to price volatility. Effective risk management is crucial.

Additionally, a key aspect of financial psychology is that if prices rise from $2,000 to $2,500, the market might see it as expected. But if prices drop from $2,500 to $2,400, many people might perceive it as a significant crash.