Gold, Silver Prices Remain Elevated

Tom Darby

Northern Nevada — After historic gains in 2025, gold and silver prices are continuing to draw attention from buyers and sellers across northern Nevada as 2026 begins.

Gold prices rose about 65 percent last year, marking the metal’s strongest annual performance since 1979, while silver surged more than 145 percent, according to Reuters.

Despite the start of a new year, prices remain elevated, influencing customer behavior at local precious metals shops as some look to sell at peak values while others cautiously enter the market.

Nevada’s economy is closely tied to the precious metals, as the state is the nation’s largest gold producer and second-largest silver producer. Gold and silver together accounted for approximately 84 percent of Nevada’s mineral production value in 2024, contributing more than $8.4 billion of the state’s $10.1 billion total mineral value, according to the Nevada Division of Minerals.