Copper prices rallied to a record high of over $13,000 per ton last month, but retreated to about $12,700 this week as expectations of long-term demand strength collided with massive stockpiling at the key exchange hubs in the U.S. and China. Despite an unchanged outlook of soaring copper demand in the long term due to electrification and surging power consumption, near-term prospects in the copper market appear more fragile than the gold rally. “While we expect long-term gold prices to rise further, w ...

Market Overview - Gold prices have dropped below $5,000, reaching a three-week low at $4,893, despite being up 3% month-to-date, primarily due to a stronger US dollar and weaker Asian demand as the Lunar New Year holiday approaches [1] - Earlier in February, gold experienced a significant increase of $281 per ounce, marking its largest dollar gain on record, closing at $4,903 [1][2] E Toro's Trading Platform - E Toro has launched 24/7 trading for gold, allowing investors to trade the precious metal at any time, which aligns with the company's strategy to tokenize all assets [3] - The platform previously introduced 24/5 trading for popular US equities, enabling users to trade outside regular market hours [4] Company Performance and Strategy - E Toro reported a strong Q4 performance with a 21% increase in stock value and positive earnings, indicating robust trading activity in gold and silver [5][20] - The company is witnessing a shift where crypto traders are increasingly engaging in commodities trading, suggesting a diversification of trading interests among users [6][7] Future Outlook - E Toro aims to evolve into a "super app" catering to the financial needs of a younger audience, with nearly 4 million brokerage accounts and 45 million registered users [12] - The company is focusing on the generational transfer of wealth, projected at $120 trillion, and the ongoing tokenization of assets, positioning itself at the forefront of these trends [16][17] Technological Innovations - E Toro is leveraging AI technology to enhance trading experiences, including the introduction of Tori Tri, an AI analyst that assists users in understanding market dynamics [18] - The platform is also fostering innovation by enabling pro investors to develop applications, with over 1,000 apps in the pipeline [19]

Core Viewpoint - Gold prices have retreated more than 2% amid a broader market sell-off, but analysts predict potential new highs for the precious metal by 2026, with futures around $4,900 as of the Chinese New Year [1] Group 1: Market Dynamics - Despite short-term volatility, structural drivers such as central bank buying, geopolitical fragmentation, and portfolio diversification are expected to support gold's safe-haven appeal [2] - Goldman Sachs analysts forecast a significant upside risk for gold, estimating a price of $5,400 per troy ounce by the end of 2026, with every 1 basis point increase in gold's share of US financial portfolios potentially raising prices by 1.5% [3] - Investors anticipate the Federal Reserve to cut interest rates this year, which could weaken the US dollar and increase commodity prices, including gold [4] Group 2: Performance Metrics - Gold has gained 12% year-to-date, while silver has decreased by 4% [6] - The precious metal has experienced volatility since its rally halted in late January, with futures dropping sharply from a high of $5,600 [5]

Core Insights - Gold and silver prices have sharply declined due to weaker Asian demand, particularly from China, with gold futures falling below $5,000 and silver dropping to $74.24 an ounce [1][2] - The bearish sentiment surrounding the U.S. dollar is increasing, with a Bank of America survey indicating the most bearish dollar positioning in 14 years, which may exert further downward pressure on commodities [2] - Gold's support level is identified at $4,860, with a potential drop to $4,670, while silver shows signs of weakening momentum, possibly heading towards $70 [3] Market Trends - The recent gold rally may reflect broader trends in the commodity market, suggesting a shift beyond its traditional role as a safe-haven asset [4] - Concerns are raised regarding China's potential development of gold-backed digital assets in Hong Kong, indicating a strategic move away from the yuan [5]

Group 1 - The global financial market is experiencing a "de-risking" sentiment, leading to a sell-off in precious metals, particularly gold, silver, and copper, as investors seek liquidity amid falling tech stocks in the US [1][2] - Gold prices saw a maximum intraday drop of 4.1%, while silver plummeted by 11%, and copper prices fell by 2.9%, before slightly rebounding from their lows [1][2] - Market volatility is characterized by a rapid clearing of risk assets, with even traditionally safe-haven assets like gold being sold off due to urgent liquidity needs [1][2] Group 2 - The strong upward momentum in precious metals since the beginning of 2024 was abruptly halted on January 29, when gold recorded its largest single-day drop in over a decade, and silver its largest historical drop [2] - Analysts suggest that the recent sharp decline does not necessarily indicate a sustained downward trend for gold, but it does increase the likelihood of high volatility in the short term [2] - Institutional perspectives indicate that the recent sell-off is driven by algorithmic trading and systematic strategies, particularly after key price levels were breached [2] Group 3 - In the silver market, the dynamics of the options market have amplified volatility, with active trading in call options for the iShares Silver Trust contributing to selling pressure [3] - Traders are closely monitoring upcoming US economic data, especially core inflation indicators, to assess the Federal Reserve's interest rate trajectory, as lower borrowing costs typically benefit non-yielding precious metals [3] - As of the close of US markets, spot gold fell by 3.15% to $4922.3 per ounce, while silver dropped over 10% to $75.31 per ounce, alongside declines in platinum and palladium, with a slight increase in the US dollar index [3]

Core Viewpoint - Gold prices remain below $5,000 amid high volatility, with CME Group increasing margin requirements for precious metals [1] Group 1: Gold Market - Gold futures in New York increased by 0.1% to $4,891.10 per troy ounce, indicating a potential weekly gain of 3% [1] - The volatility in the gold market is expected to continue until price discovery improves, leading to erratic trading patterns [1] Group 2: Silver Market - Silver prices decreased by 4.1% to $73.56 per ounce, on track for a weekly decline exceeding 6% [1] - The high volatility in the silver market is also anticipated to persist, mirroring trends observed in gold [1]

Core Insights - Gold and silver prices experienced significant volatility, with gold dropping over 9% to around $4,700 per troy ounce and silver falling more than 25% to near $76 per ounce following President Trump's nomination of Kevin Warsh as the next Federal Reserve Chair [1][2]. Group 1: Market Reactions - The recent sell-off in gold and silver has raised concerns among market watchers, with some suggesting that the worst may not be over for these safe-haven investments [2]. - Analysts from JPMorgan have forecasted that gold prices could reach $6,300 per ounce by the end of 2026, driven by demand from central banks and investors [4]. - Silver is expected to maintain a higher price floor of around $75-80 per ounce, with analysts believing it is unlikely to fully relinquish its recent gains [5]. Group 2: Investment Strategies - Investors are advised to exercise caution and wait for market conditions to stabilize before making further investments in gold and silver, as the current environment has turned into a momentum trade [3][6]. - The upcoming Chinese New Year and increased margin requirements for trading may limit near-term risk appetite for precious metals, suggesting that patience is warranted [6].

Gold (GC=F) futures fell as much as 11% on Friday to trade below $4,900 per troy ounce in a severe reversal of this year's massive rally in precious metals. Spot gold saw its biggest daily drop since the early 80's while silver (SI=F) futures tumbled more than 25%. The volatility came alongside a wider stock market sell-off, with the major averages all lower after President Trump selected Kevin Warsh as the next Federal Reserve Chair. The nomination appeared to eased concerns about the central bank’s ind ...

Gold (GC=F) fell 6% to around $5,000 per ounce on Friday while silver (SI=F) tumbled 13% in a sharp reversal of this year's massive rally in precious metals. The volatility came alongside a wide stock market sell-off, with the major averages set to open in red territory following a slide in tech stocks. "The higher metals rise, the more likely 2026 will mark enduring price peaks — notably for silver — if history is a guide," wrote Mike McGlone, senior commodity strategist at Bloomberg, on Friday. "The ...

Core Viewpoint - The article discusses the current trends and confidence levels in the gold and silver markets, highlighting specific price thresholds and market sentiments. Group 1: Gold Market - The current price of gold is noted at $5,000, indicating a significant valuation in the market [1]. - The article emphasizes the importance of maintaining confidence in the gold market, suggesting that price stability is crucial for investor sentiment [1]. Group 2: Silver Market - The price of silver is also highlighted, with a confidence threshold set at $3,000, which reflects market expectations and investor confidence [3][4]. - The article mentions a specific price point of $5 for silver, indicating a critical level for market participants to watch [4].