Entering 2026, the precious metals market continues to perform strongly. Gold and silver both hit new highs, continuing the super-strong trend of the past year—gold's annual increase is 66%-72%, while silver soars by 142%-154%. The consistency of this upward trend is rare, with no single-month corrections for a full 7 months.

The underlying logic is actually simple. Inflationary pressure has always been a looming threat in the market, the turmoil in the Middle East has increased geopolitical premiums, and the US national debt has already surpassed $38 trillion. The market widely expects the Federal Reserve to initiate a new round of interest rate cuts soon. As for silver, its story is more driven by industrial demand—solar photovoltaic, electric vehicles, AI chips, and other strategic industries have high demand for silver, becoming a key engine pushing up silver prices. Behind this wave of market movement, it actually reflects the broader context of global liquidity patterns and industrial upgrading.