Hello and welcome to our market week preview, where we take a look at the economic data, market news, and headlines likely to have the biggest impact on pricing and market momentum for gold, silver, and platinum, as well as key correlated assets.
Gold Market
Gold prices are rebounding at the start of the week, moving back above $5000/oz, a recent pivot point, as volatility has continued to increase through the first quarter of 2026. (So much so that the CME again raised margin requirements for positions in the yellow metal on Friday.) After recent events– rising threats of geopolitical instability, persistent trade war, and even fundamental drivers within gold’s own pricing as the extended rally in spot prices may have found it’s true top around $5500 at the end of January– took the driver’s seat in gold trading over recent weeks it now looks as if attempts to project the next moves in the US Dollar’s monetary policy path is the dominant factor in precious metals pricing once again. With two major macroeconomic data releases scheduled for this week, both roughly estimated to be bullish for gold but for different reasons, analysts suggest the market is shoring up positions in gold again and consolidating around the $5000 mark.
Silver Market
Volatility has been even sharper in the silver market, where the CME also hiked margin requirements on Friday. Silver is enjoying a Monday rebound similar to gold’s, but after rallying just to $83/oz at the COMEX close, the precious metal has not quite managed to fully recoup last week’s losses, unlike its yellow cousin. Still, buy signals remain healthy for silver on a technical level, and the market will be watched this week to see whether the fundamental factors that may boost gold higher also pull silver up alongside.
Platinum Market
Platinum’s recent rally may be losing steam, although it would be hard to describe the grey metal as “lagging” at a price above $2120/oz. That said, $200-250 below last week’s peak, momentum in either direction for platinum appears to have waned in contrast to gold or silver. One developing input we will continue to watch, however, is signaling that some major jewelry manufacturers are looking to push further into platinum as an offset to the recent volatility in silver. With platinum previously projected to have only a marginal surplus for 2026, a considerable increase in industrial demand could flip that script and create a new, more tangible tailwind for the metal later this year.









