Market Report
Learn more about all important trends in the precious metals markets in our market reports on a regular basis.
Precious Metals Markets Experience Sharp Correction After Reaching New All-Time Highs
No. 04 | 02nd February 2026
The precious metals complex has undergone a significant and broad-based market correction following new record highs last Thursday. Gold, silver and platinum prices initially reached historical peak levels before heavy selling began on Friday afternoon and continued into today’s trading. The dynamic price movements indicate extensive position liquidations, driven primarily by technical factors such as margin adjustments and algorithmic trading programs. Fundamental changes played only a minor role in the recent developments. Read more in this week’s Heraeus Precious Appraisal.
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