News

An unusual month for the precious metals market, with gold and silver prices rising by 25% and 65% respectively in the first month of the year. In recent days, the rally has come to a halt, with the yellow metal falling by 10% and its “less noble” cousin by 25%. The market is most likely in a correction phase, trimming excesses and restoring minimum physical levels in relation to real consumption. Analysts forecast a slower and more moderate rise.

[Source: CDT]

The U.S. employment report could prompt the Federal Reserve (Fed) to keep interest rates unchanged over the long term. The news slowed gold’s rally, as the metal — which does not yield interest — benefits from lower rates. The gain since the beginning of the year stands at +17%.

[Source: Websim]

Macquarie has updated its forecasts for this year for gold and silver, highlighting the high volatility that characterizes the market. Expectations for gold in the first quarter of 2026 stand at $4,300 per ounce (up from the previous $4,200), while the target for silver has been raised to $75, up from $55.

[Source: Investing.com]