While rising costs are squeezing Pandora's margins from one side, a deteriorating macroeconomic backdrop is hitting it from the other.

Gold rebounds near $4,850 as the dollar pauses, while silver stabilizes near $85. Traders watch key support zones for signs of a broader metals recovery.

Analysts see the bull run continuing and expect the gold and silver prices to notch fresh record highs later this year.

However, after Goldman Sacks issued a surprise 2026 crypto prediction, JPMorgan has called the silver price top, alongside a huge gold and bitcoin price prediction.

In every instance silver dropped more than 20% from an all-time-high, the metal took around seven years to hit a bottom, NDR said.

Gold’s price dropped from close to $5,600 to less than $4,500 on Monday. Silver plunged 31.4% on Friday alone.

Gold and silver prices dropped as increased CME ‍margin requirements added to ‍the selling pressure following last ‍week's sell-off.