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.

wallstreetcn19:12

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?

Securities Daily08:02

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.

wallstreetcn07:12

Express News | The central bank has increased its gold reserves for the 15th consecutive month.

BreakingsFeb 7 10:14

Gold Miner Stocks Plunge: Buy the Dip

Yahoo FinanceFeb 7 06:11

Express News | CME Group: Delays in the release of metal settlement data have been observed, and the technical team has intervened.

BreakingsFeb 7 03:16