Gold, Silver, and Platinum Forecasts – January 2026
By Vladimir Zernov
Published: January 09, 2026
Market Overview
Gold, silver, and platinum are experiencing upward momentum driven by increasing demand for precious metals amidst rising geopolitical tensions. Traders are currently focusing on these factors while largely ignoring the strength of the US dollar.
Gold Analysis
Gold prices have shown a positive trend, with a current increase of 0.32%. For gold to gain further upside momentum, it needs to settle above the resistance levels of $4540 to $4550. This technical threshold is crucial for sustaining bullish sentiment in the near term.
Silver Analysis
Silver has rallied significantly, up by 3.78%, as traders have taken advantage of recent pullbacks to increase their long positions. A breakthrough above the $81.00 level is essential for silver to target the next resistance levels at $83.50 to $84.00.
Platinum Analysis
Platinum prices have also been on the rise, currently up by 1.34%. The metal is attempting to stabilize above the support levels of $2245 to $2265. If platinum can successfully settle above $2265, it may aim for recent highs near $2450.
Conclusion
The current market dynamics suggest a favorable environment for precious metals, driven by geopolitical uncertainties and strategic trading decisions. Investors are encouraged to monitor key resistance and support levels to make informed trading decisions.