Monday, 12 January 2026

Silver And Gold Breaking Out? Here Are The Upside Targets And Latest Technical Analysis

In this video: The global financial landscape just shifted. Chief Market Strategist Gareth Soloway reveals how the latest DOJ investigation into the Federal Reserve is creating a massive bullish catalyst for precious metals while sending the U.S. Dollar to a "make-or-break" support level.

In this technical masterclass, Gareth dives into the charts of Gold, Silver, Platinum, Palladium, and Copper. He alerts investors to a major breakout currently in progress for Gold and Silver, providing the "must-watch" levels to confirm if this move has teeth—and the exact upside targets if it does. Video by Gareth Soloway.

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Gold and silver prices have surged to new record highs on January 12, 2026, with gold surpassing $4,600 per ounce for the first time and silver reaching a new peak above $84.5 per ounce. The breakout is driven by safe-haven demand amid escalating geopolitical tensions and increased expectations for US interest rate cuts.

Key Insights

-Geopolitical Uncertainty: Rising global tensions, including unrest in Iran and policy uncertainty, are prompting investors to flock to safe-haven assets like gold and silver.

-Interest Rate Expectations: The market is increasingly leaning toward lower US interest rates, which reduces the opportunity cost of holding non-yielding assets like precious metals and makes them more attractive.

-Central Bank Demand: Global central banks continue their aggressive gold-buying spree, purchasing over 1,000 tonnes annually in recent years to diversify their reserves away from the US dollar, providing a strong underlying support for prices.

-Silver-Specific Drivers: Silver is experiencing a significant supply squeeze due to surging industrial demand from the solar panel and electronics industries, which is creating a structural deficit in the market.

-Volatility: After substantial gains in 2025 (gold +67%, silver +147%), prices are experiencing heightened volatility, with sharp pullbacks possible even within the overall bullish trend. is driven by safe-haven demand amid escalating geopolitical tensions and increased expectations for US interest rate cuts.


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