The recent performance of precious metals has been quite impressive, especially gold and silver's resilience compared to other assets. For friends preparing to position themselves, proper allocation is crucial—never go all-in, and leave enough buffer space.

It is particularly important to note that the BCOM index will undergo rebalancing on January 8th. The good news is that gold and silver have already completed a round of adjustment recently, so the impact of this rebalancing on prices is expected to be minimal.

From a technical perspective, the current upward cycle of precious metals is temporarily coming to an end, and it is likely to enter a sideways consolidation phase. This period is suitable for observation and precise positioning, rather than blindly chasing highs.

Looking ahead, the main opportunities in the capital markets in the new year will still focus on the domestic market.