Gold, Silver, and Platinum Price Forecasts
Published: January 5, 2026
Author: Vladimir Zernov
Key Highlights
- Gold prices have surged towards the $4450 level, driven by geopolitical tensions, particularly surrounding Venezuela.
- Silver has experienced a significant rally, supported by strong demand for precious metals.
- Platinum is testing resistance levels between $2245 and $2265, indicating robust market interest.
Gold Analysis
Gold has shown a notable increase as traders react to the unfolding events in Venezuela. The demand for gold is rising amid heightened geopolitical tensions. If gold maintains its position above the $4450 mark, it is expected to target the next resistance level in the $4540 to $4550 range.
Silver Analysis
Silver has gained strong upward momentum, benefiting from the same geopolitical factors that are influencing gold. The gold/silver ratio has pulled back towards the 57.00 level, providing additional support for silver prices. A successful test of the resistance at $77.50 to $78.00 could pave the way for further gains towards the $83.50 to $84.00 range.
Platinum Analysis
Platinum is currently testing resistance levels at $2245 to $2265, reflecting strong demand in the precious metals market. Should this resistance be successfully breached, platinum could advance towards the next resistance zone of $2510 to $2530.
Conclusion
The precious metals market is experiencing significant movements influenced by geopolitical events, particularly in Venezuela. Traders are advised to monitor these developments closely as they could impact future price trajectories for gold, silver, and platinum.