Gold, silver, copper, and tin prices all hit record highs simultaneously. Analysts say that there is still room for further increases in both gold and silver prices.

date
15/01/2026
Helen Amos, an analyst at BMO Bank in Montreal, said that in her 20 years of experience, she has never seen gold, silver, copper, and tin all hit historic highs at the same time. Analysis suggests that this also reflects investors' concerns about tense situations in countries like Venezuela and Iran. Analysts say that as geopolitical and trade dynamics are reshaped, investors are reassessing asset allocations, and there is still room for further increase in gold and silver prices. A Singaporean asset management company stated that they have observed many brokerages increasing their allocation to commodities, especially gold, as an important risk management tool in asset management. Juerg Kina, Managing Director of a Singaporean asset management company, stated: "If you look at the US market, the allocation to precious metals is only 0.4% of all asset investments currently. However, looking back at the late 1970s, this ratio exceeded 4%. This means there is still significant room for growth in the future, and investors may gradually increase their allocation to precious metals to make their portfolios more balanced and form meaningful risk hedging." Ned, an investment manager at UK asset management company Jupiter, believes that gold and silver will continue their upward trajectory this year, with gold price possibly reaching $5,000 per ounce and silver price potentially surpassing $100 per ounce.