Silver and gold prices have surged to all-time highs in 2026, meeting analysts’ forecasts within the first month of the year. Factors like geopolitical and economic uncertainty, trade policy, a weaker dollar, and central bank demand have contributed to the rally. Poland plans to buy an additional 150 metric tons of gold this year.

Analysts from Morgan Stanley, Goldman Sachs, Deutsche Bank, Charles Schwab, UBS, and Jefferies Group have varying gold price forecasts for 2026. Central banks are expected to buy an average of 60 metric tons of gold per month this year. Futures margins in metals will keep increasing if prices continue to rise.

Gold prices are being driven by fear and the fear of missing out on the rally. Managed money held a net long position in both gold and silver contracts as of last Friday. Options for gold futures contracts are available for trading in March and April. Opening a trading or hedging account is essential for managing risk in real time.

If you are interested in trading gold or other metals, consider the opportunities available in the futures market. Analysts urge caution against chasing the parabolic move in precious metals due to potential risks. Opening a new trading account can be done quickly to take advantage of current market conditions.

Read more at Barchart: Walsh Metal Opportunities – Pure Hedge Division