Omo, if you dey follow gold market matter, make you sit down well because big palava fit land for 2026!

As e be, some big experts don yarn say gold price fit drop sharply if central banks for emerging markets no dey buy am as before. Dis year, gold don rise more than 70%, naim be di biggest climb wey e don see since 1979. Investors don dey rush am like ‘safe haven’ due to geopolitical wahala and di hope say United States go still dey ease monetary policy. Last week, gold don cross $4,500 per ounce for di first time, e no dey play at all!

For di market, gold spot price dey rise small, reach $4,493.76 per ounce, but it don hit record high of $4,525.19 earlier wey dem mark. How e go be for February? Na gold futures for dat month don climb reach $4,520.00. Even U.S. President, Donald Trump, don talk say e wan make di next Fed chairman reduce interest rates if market dey shine. Na true, who no like gold for low-interest environment?

Analyst Fawad Razaqzada from City Index talk say di strong momentum for gold dey back by solid fundamentals, like continuous buying from central banks, and di falling U.S. dollar. But wey Societe Generale don analyze am, they say if di central banks slow down for gold buying, na im go trigger major drop. But if dis no happen, dem dey predict gold price go reach $5,000/oz by end of 2026.

Silver no dey slack either, e don hit all-time high of $72.70, and now na $72.09 per ounce. E don rise more than 150% dis year because sey plenty people dey rush am due to investment demand and industrial use. E be say platinum also don disturb di market, e don reach peak for $2,377.50 before e come mellow down small to $2,282.70. All dis rises na because of tight supply, tariff wahala and people wey dey shift from gold investment.

Base metals no dey left out, copper dey join di party too, which dey help support di whole commodities sector. So, if you dey think wetin go happen next, just know sey gold matter fit change sharply if dem no maintain dis buying spree from central banks.