Market Overview - The platinum market has experienced significant price increases, with nearby futures trading at $2,128.0, surpassing the 50-day simple moving average and nearing the all-time high of $2,308.8 from 2008 [1] - Gold and silver are also trading well above their 50-day averages, indicating that the entire precious metals sector is under upward pressure due to economic uncertainty and interest rate concerns [2] Investment Sentiment - While the overall trend in precious metals remains upward, caution is advised for new core positions at current elevated levels, as market pullbacks are expected [3] - Traders are encouraged to consider the timing of their investments, as dips may provide better entry points without the risk of buying at market peaks [3] Seasonal Trends - Historical data indicates that significant lows in precious metals often occur in late December, with prices typically rallying until mid-February [6] - Current bullish macro fundamentals across various metals markets align with this seasonal pattern, suggesting a favorable outlook for the upcoming months [6] Federal Reserve Influence - The Federal Reserve is expected to lower the Fed Funds rate at least twice in 2026, which has historically supported higher gold prices [5]