Gold, silver, and copper have recently pulled back from their record highs but remain close to those levels, with analysts predicting further price increases over the next year. Gold prices, currently at $2,351.3 per ounce, have been supported by a weaker U.S. dollar, lower Treasury yields, and strong Chinese demand, which drove a significant price rally. UBS strategists forecast gold prices to reach $2,500 by September and $2,600 by year-end due to continued robust demand from China and soft U.S. economic data affecting rate cut expectations.