Precious Metals of the New Era – Silver and Gold Prices Soar to Record Highs Article by SO OK TRADING – January 24, 2026
Last updated: 24 Jan 2026
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Precious Metals of the New Era – Silver and Gold Prices Soar to Record Highs
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The year 2026 has been hailed as the “Year of Strategic Metals,” with copper standing at the forefront as a symbol of global economic power and future technology. Copper prices remain in a Structural Bull Market, trading at a high range of $11,000–$14,000 per ton, driven by strong demand from AI, Data Centers, Electric Vehicles (EVs), and clean energy infrastructure worldwide.
Yet, the path is far from smooth. In the second half of the year, U.S. import tariffs and a slowdown in Chinese demand are expected to weigh on the market, potentially leading to a “consolidation phase” after the heated rally in the first half.
This analysis dives deep into the quarterly copper price outlook (Q3–Q4/2026), while also exploring key drivers and risks, industry impacts, and the rise of copper substitutes that are reshaping the industrial landscape.
Prepare to navigate a copper market that is truly “heating up the world” and uncover strategies that businesses must know to seize opportunities in this golden year for copper.
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A Week of Pressure from FED (High Probability of Rate Hike) and Strong Dollar | 14–18 September 2026 | SO OK TRADING
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This week, the industrial and precious metals markets are entering a phase of high volatility, driven by macroeconomic pressures. The key factors are the anticipated interest rate hike by the U.S. Federal Reserve (FED) and the strengthening U.S. dollar, both of which directly impact global commodity prices.
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The global gold market (XAU/USD) is now entering a critical turning point of the “Gold Supercycle.” After reaching a three‑month high of $4,690 per ounce, prices have slightly corrected and are consolidating within the $4,580–$4,600 range.
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September–October 2026 is widely seen as a “golden opportunity” for investors to gradually accumulate during this consolidation phase, before prices surge toward the year‑end target of $4,900–$5,100 per ounce.
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