Stronger-than-expected non-farm payroll data not a concern? Hedge fund heavyweight: The Fed will cut rates more than twice this year, bullish on gold!
①David Einhorn, founder of Greenlight Capital, predicts that the Federal Reserve will cut interest rates more times than the expected two this year, as he believes Kevin Warsh, Trump's nominee for Fed Chair, can convince the committee to implement significant rate cuts; ②Einhorn is bullish on gold, stating that it has become a reserve asset for central banks and that the instability of U.S. trade policy is prompting other countries to seek trade settlements in currencies other than the dollar, thereby driving up gold prices.
Express News | U.S. media: The United States has instructed a second aircraft carrier to prepare for deployment to the Middle East.
Express News | Trump: Calls for Continued Negotiations with Iran, No Other Decisions Made with Netanyahu
Goldman Sachs: Commodities have entered a 'high volatility era' due to stockpiling, with gold's upward trend expected to remain relatively robust.
①Goldman Sachs pointed out that the rise in gold prices is part of a shift in how governments and investors approach commodities, with central bank purchases aimed at hedging risks driving the surge in gold prices; ②Analysts stated that the annual new supply of gold is relatively stable and reacts slowly to price changes. This means that demand driven by risk concerns can sustainably push gold prices higher over a longer period.
Amid a sluggish stock market, Indian investors are flocking to gold and silver ETFs.
India's market is witnessing a 'shift from stocks to gold' trend: In January, gold ETFs saw their first net inflows surpassing equity funds, reflecting heightened risk aversion amid a sluggish stock market. Weakness in small-cap stocks and government asset sales have further pressured the equity market. Meanwhile, commercial real estate REITs have risen against the trend, while high-valuation IPOs have faced lukewarm reception, indicating a movement of capital from growth assets toward safe-haven and structural opportunities.
Bullish on gold price reaching $6,000 by year-end! BNP Paribas: This rally is "justified."
①David Wilson, Head of Commodity Strategy at BNP Paribas, stated this week that the current rally in gold prices is "justified" amid ongoing macroeconomic and geopolitical risks; ②Wilson predicted that gold prices could climb to $6,000 per ounce by the end of the year, with the gold-to-silver ratio also set to rise further.
Express News | Trump stated that if the US-Iran negotiations fail, he might send another carrier strike group to the Middle East.
A historical first! Indian capital is increasingly flowing into gold, with prices firmly holding above the 5,000 mark.
Gold is attempting to find direction after experiencing a historic plunge, while a rare phenomenon has emerged in the Indian market: gold ETFs have demonstrated stronger inflows than equity funds...
Express News | The U.S. Maritime Administration has advised American vessels to avoid Iranian waters.
Rotation in hard assets! Goldman Sachs: This commodities rally is more of an 'asset allocation shock' than a pure supply-demand story.
Goldman Sachs pointed out that the strength of the commodity market in early 2026 can no longer be explained by a single supply-demand logic. The scale of commodities is extremely limited, and even relatively moderate inflows of asset allocation funds are sufficient to cause significant price shocks in the short term. For every one basis point increase in the proportion of gold allocation in U.S. financial portfolios, the price of gold will be pushed up by approximately 1.5%. The current copper price has partially reflected allocation-driven logic, and it is expected that prices may fall back to $11,200 per ton by the fourth quarter of 2026.
Gold and silver prices rebound, institutions are bullish on long-term gold prices but warn of volatility in silver prices.
What will be the next move for gold and silver prices? Does this signify the end of a long-term trend, or is it merely a nerve-wracking "stress test" in the midst of a bull market?
Gold, silver, and copper are all expected to undergo 'consolidation' in the coming weeks! JPMorgan stated that this is merely a bull market pause, with copper potentially leading a rebound in the second quarter.
The rally in metals has paused, but the music has not stopped. During this 'intermission,' blindly chasing higher gold prices may lead to months of volatile fluctuations. Conversely, focusing on signals of a recovery in the manufacturing cycle and positioning in base metals at technical support levels could be the optimal strategy for capturing the next wave of upward momentum.
Express News | The central bank has increased its gold reserves for the 15th consecutive month.
Express News | CME Group: Delays in the release of metal settlement data have been observed, and the technical team has intervened.
Is the 'long bull' trend still intact? JPMorgan: Technical indicators suggest precious metals will enter a consolidation phase in the coming weeks.
JPMorgan forecasts that gold will form a potentially months-long wide trading range above the support level of $4,264-$4,381 and below the resistance level of $5,100-$5,150. The long-term theme of "currency depreciation" remains intact, and as long as the US Dollar Index stays below 100, a weak dollar environment will continue to support the long-term bullish outlook for precious metals and commodities.
Could Musk Become the 'Black Swan' for Gold? Top Wall Street Analyst Makes a Startling Statement...
①Tom Lee, co-founder and head of research at the U.S.-based investment firm Fundstrat Global Advisors, outlined a 'golden black swan' scenario in which the 'disruptor' of the global financial system is not the Federal Reserve, but Elon Musk; ②According to Fundstrat's research, gold prices may have already 'peaked.'
CME's sixth margin increase in this round caused spot gold and silver to continue plummeting.
On February 5 local time, the Chicago Mercantile Exchange Group announced that it would increase the initial margin for its COMEX 100 Gold Futures from 8% to 9% and raise the initial margin ratio for its COMEX 5000 Silver Futures from 15% to 18%.
Express News | CME Group Raises Margin Requirements for Gold and Silver Futures
Global gold ETFs continue to attract substantial inflows despite market volatility, with some funds even 'buying the dip' on days when gold prices plummet!
According to a report by the World Gold Council, global gold ETFs reached a historic milestone in January, with a record-breaking net inflow of 19 billion US dollars in a single month. Both the total holdings and assets under management hit all-time highs.
Decision Analysis: Gold and Silver Crash Again After Epic Collapse! Explosive Surge in AI Investment Scares Markets, Non-Farm Payrolls Delayed
On Thursday (February 5), Asian stock markets plummeted significantly. Market concerns over the 'explosive rise' in AI investment costs drove capital rotation from technology stocks to defensive sectors; meanwhile, silver prices tumbled again, further squeezing already deeply loss-making leveraged positions.