2026 begins with gold, silver, and Bitcoin rising together; institutions predict short-term pressure on silver

【CoinPush】The trading market in 2026 is off to a good start. Precious metals continue their upward trend, with the end-of-year closing pressure largely eased, and fundamentals once again becoming the driving force—Bitcoin has also begun a strong new year rally.

KCM Trade Chief Market Analyst Tim Waterer observed that this wave of gains in precious metals is still ongoing. However, silver may face short-term correction pressure. TD Securities Senior Commodities Strategist Daniel Ghali issued a warning that in the next two weeks, the Comex silver market could see a sell-off of up to 13% of total holdings, which would trigger a revaluation of prices and a rapid decline. Moreover, the post-holiday environment of insufficient liquidity will only amplify price volatility.

Regarding gold, institutions are generally optimistic. Goldman Sachs’s baseline forecast last month pointed to a target: gold prices are expected to reach $4,900 by December 2026. Major banks are bullish on gold prices this year, with the core logic being that the Federal Reserve will continue to cut interest rates, coupled with the US President reshaping the Federal Reserve’s leadership, injecting upward potential into the precious metals market.