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Bloomberg Analyst: Gold, Silver, and Stocks Face Pullback Risk in 2026

2026-01-02 12:21

BlockBeats News, January 2nd, Bloomberg Intelligence's Senior Commodity Strategist Mike McGlone wrote that gold, silver, metals, and stocks face the risk of "excessive rally" in 2026. One key reason for the declines in Bitcoin and crude oil in 2025 was that they had previously experienced significant price surges. Gold, silver, copper, most metals, and the U.S. stock market also show a similar overheating trend in 2026. The rapid rally in prices, while supported by fundamentals, often stimulates increased supply, suppresses demand, and ultimately triggers price adjustments.

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