Gold, Silver, and Platinum Market Forecast
Published: February 6, 2026
Author: Vladimir Zernov
Market Overview
The precious metals market has seen a significant rebound, with gold, silver, and platinum all experiencing notable gains. This article provides an analysis of the current trends and forecasts for these metals.
Gold (XAU/USD)
Gold has rebounded towards the $5000 level after a recent pullback. Traders are actively buying, indicating a consolidation phase following a sell-off from historic highs. A breakthrough above the $5000 mark could lead to resistance levels between $5100 and $5120.
Current Performance: +5.55%
Silver (XAG/USD)
Silver has shown resilience, having tested new lows but subsequently losing momentum and rebounding towards the resistance levels of $78.00 to $79.00. If silver surpasses the $79.00 threshold, it may target the next resistance at $87.00 to $88.00.
Current Performance: +16.00%
Platinum (XPT/USD)
Platinum has also gained momentum, benefiting from the overall rebound in the precious metals market. A successful test of the resistance at $2040 to $2060 could pave the way for further gains towards the $2245 to $2265 range.
Current Performance: +10.30%
Conclusion
The precious metals market is currently experiencing a bullish trend, with significant upside potential for gold, silver, and platinum. Traders are advised to monitor key resistance levels as they may indicate further market movements.