2026: Will Gold and Silver Continue their Run?
January 8, 2026Good evening ladies and gentlemen, and welcome to the first mid-weekly review for the year!
We know we've been gone for a while. The purpose of this series is not to bombard your mailboxes with needless updates week-on-week, but to ping your mailboxes with information that is absolutely critical to informing your investment journey in the precious metals space. And just one week into the new year, there's news that you absolutely should be aware of!
Well, as we approached the last week of the year, we saw gold and silver cool down after their record-breaking run towards US$4,550/oz and US$83/oz respectively. However, profit taking during the holiday season pushed both the metals down to the US$4,300/oz and US$70-75/oz range in quick succession. However, as soon as we entered the new year, news channels across the world were covering one, and only one thing: The US' entry into Venezuela and their capture of Venezuelan President Nicolás Maduro. This quickly sparked into concerns of geopolitical instability and traders were quick to react as they pushed gold back up to US$4,443/oz as of now, and silver to US$79/oz. Since the attack, gold has increased by more than US$100/oz and silver by US$7/oz.
Meanwhile, the ASX-All Ordinaries Gold Index is back to the 19,000 points range, standing at 19,077.57 points as of today.
Now, with new geopolitical uncertainties into the picture, and dual rate cut expectations in 2026, what exactly can we expect of gold and silver this year? Well, you're in luck! Here at The Australian Gold Fund and GoldHub Australia, we've created a series of three videos to help you summarize movements in precious metals in 2025 and their drivers, along with expectations moving into 2026.
The first video recaps gold and silver's 2025 and GoldHub's projection for gold prices in 2026, and compares it to forecasts provided by many financial institutions.
The second, an exclusive piece from our managing partner Brian Chu, is a reflection on a historic year for gold, silver, platinum, and palladium, fund performance, shifting macroeconomic forces, and what investors should watch in 2026.
And finally, our third video is dedicated exclusively to silver. It looks beyond the usual macroeconomic discussions surrounding the metal and delves into another equally important driver that has been influencing silver prices and will continue to do so: industrial demand.
Watching these three videos will enable you to understand the drivers of these precious metals prices' in recent times, and what to expect this year as new geopolitical uncertainties have been introduced and monetary policy implementations will be fewer compared to last year, at least for now.
And that's it! Thank you so much for tuning into our first mid-weekly review for the year! We hope to bring you content this year that enriches your understanding of the precious metals market even further, and enables you to bring your A-game as you navigate your portfolio in an evolving macroeconomic environment in 2026!
For a limited time, you can use the promo code PULLBACK25 to get 50% off the first year of subscription.
Brian contributes his insights on precious metals and mining stocks via free and paid newsletters with independent publisher, Fat Tail Investment Research. You can learn about his work by visiting www.daily.fattail.com.au. Fat Tail Investment Research is part of The Agora, a renowned international financial solutions publisher.
Disclaimer: None of our content constitutes financial advice nor endorsements and recommendations for any organisations, companies, and products. Please seek a professional financial adviser before you make any decisions arising from our videos, articles and other published material. All those featured in our videos express their opinions and may not reflect our views. We support freedom of speech, thought, and expression.