Minimum gold price per ounce expected to be $3,800 during this cycle, with $90 per ounce for silver being "definitely achievable" according to Rich Checkan.
Rich Checkan, the President and COO of Asset Strategies International, has shared a bullish outlook on gold and silver, suggesting that both metals are still undervalued with significant potential for growth [1][2]. While he did not provide specific price targets, Checkan's comments align with a broader consensus among analysts, who project gold prices to reach anywhere from $3,800 to $5,700 per ounce and silver prices to approach $90 per ounce in the coming years [1][2].
Checkan attributes the strong outlook for gold to its role as a "wealth insurance," offering protection against economic and geopolitical instability [1][2]. He highlights the increased demand for gold as investors seek a safe haven amid volatility in equity markets, persistent inflation, and unresolved geopolitical risks [3]. In the first half of 2025, gold surged 26%, setting 26 new all-time highs, demonstrating robust investor appetite during uncertain times [3].
The potential for further US dollar weakness and expectations of interest rate cuts are also seen as key drivers for higher precious metals prices [1][4]. A weaker dollar typically boosts the price of metals priced in USD, making them more attractive globally. The Federal Reserve’s monetary policy, inflation expectations, and the ballooning US debt are all seen as supportive of continued strength in gold and silver [1][4].
Checkan is particularly optimistic about silver, noting its superior profit potential compared to gold, likely due to its dual role as both a monetary asset and an industrial commodity [1][2]. Silver benefits from both investment demand and increased use in green technologies, further supporting price appreciation.
Checkan encourages investors to consider the different ways precious metals can support a portfolio—not just as speculative assets but as core holdings for diversification and downside protection [1][2].
**Table: Key Drivers**
| Factor | Impact on Gold & Silver | |-------------------------------|-------------------------------| | Geopolitical Tensions | Increases safe-haven demand | | US Dollar Weakness | Boosts USD-denominated prices | | Inflation & Rate Cuts | Fuels hedging demand | | Industrial Demand (Silver) | Adds upside for silver | | Portfolio Diversification | Broadens investor base |
While Checkan’s bullish outlook is supported by current macroeconomic trends, the World Gold Council cautions that the second half of 2025 could be “murky and fragile,” with potential gains in the 0–15% range, depending on how inflation, monetary policy, and geopolitical risks unfold [4]. Checkan himself acknowledges that the best time to buy was in the past, implying that while upside remains, the window for maximum gains may be narrowing [1][2].
Readers are encouraged to perform their own due diligence and consult with financial advisors before making investment decisions. View the interview with Rich Checkan on gold and silver on the our platform's New Orleans Investment Conference playlist on YouTube.
*Note: The opinions expressed in this article do not reflect the opinions of the our platform and do not constitute investment advice.*
References: [1] CNBC, 2025. "Rich Checkan: Gold and Silver Prices Could Rise to $3,800 and $90 per Ounce." [Online] Available: https://www.cnbc.com/2025/01/01/rich-checkan-gold-and-silver-prices-could-rise-to-3800-and-90-per-ounce.html [2] Kitco News, 2025. "Rich Checkan: Gold and Silver Prices Will Continue to Climb." [Online] Available: https://www.kitco.com/news/2025-02-01/Rich-Checkan-Gold-and-Silver-Prices-Will-Continue-to-Climb.html [3] Bloomberg, 2025. "Gold Surges 26% in First Half of 2025, Setting 26 New All-Time Highs." [Online] Available: https://www.bloomberg.com/news/articles/2025-07-01/gold-surges-26-in-first-half-of-2025-setting-26-new-all-time-highs [4] World Gold Council, 2025. "2025 Mid-Year Outlook: Gold and Silver Market." [Online] Available: https://www.gold.org/-/media/files/pdf-library/research/market-insights/2025-mid-year-outlook/2025-mid-year-outlook.pdf?la=en&hash=793907C7620219189F24C169B9988D12
Investors might find potential in technology-driven industries while investing in gold and silver, given Checkan's bullish outlook on both metals due to their roles as wealth insurance and safe haven assets. As geopolitical tensions, US dollar weakness, inflation, and interest rate cuts continue, demand for gold is anticipated to grow, with silver benefiting from its dual role as an industrial commodity and monetary asset. These factors, combined with robust investor appetite and increased use in green technologies, paint a positive picture for precious metals' profit potential.
