Oil may soften to $60 as OPEC+ pauses output hikes; silver set to shine in 2026, says Peter McGuire

Peter McGuire, CEO of Australia-Trading.com, expects Brent crude to drop to $60 by year-end as OPEC+ pauses output hikes, while gold and silver could rally in early 2026 amid potential Fed rate cuts. He predicts silver will outperform gold, driven by rising industrial demand and years of underinvestment in the metal’s supply chain.