Recent Trends of Gold And Silver

一、Gold: high volatility, short-term correction 

Price performance: On December 28th, the price of RMB gold fell to 1012.2 yuan/gram, but the brand gold ornaments were still as high as 1168-1417 yuan/gram. Although the international gold price exceeded $4,500 per ounce, it fell back to around $4,480 on the 29th.Market dynamics: the continuous purchase of gold by the central bank and the expectation of interest rate cut by the Federal Reserve support the long-term trend, but in the short term, we should be wary of profit taking after overbought.

二、 Silver: skyrocketing and plunging, with violent fluctuations.

Price performance: After breaking through $80 per ounce on December 28th, it fell back to $79.3 on the 29th. During the year, the growth rate reached 173.99%, far exceeding that of gold.Market dynamics: The surge in industrial demand such as photovoltaic supports the fundamentals, but it is flexible and fluctuates more violently during the callback. 

三、 Outlook for 2026

Gold: The agency predicts 5000-6000 USD/oz, but it needs to pay attention to the changes of Fed policy.Silver: The gap between supply and demand continues, but the volatility may be higher.