26 January 2026 – 08:41 Central Euro Time

Gold, having settled Friday at 4983, gapped higher to begin the week in opening at 5013 and since has traded to as high as 5108; Silver has reached 109.32. The Gold Update underscores the overvaluation fundamentally and technically for the precious metals, whilst nonetheless maintaining our Gold target for this year of 5546. Presently, the Bond, Euro, Swiss Franc, Gold and Silver all are above today’s Neutral Zones; within same are Copper, Oil and the Spoo; session volatility for the BEGOS Markets is moderate-to-robust. Going ’round the Market Values horn for the five primary BEGOS components in real-time: the Bond is -1^17 points below its smooth valuation line, the Euro -0.005 points below same, Gold +653 points above, Oil +2.83 points above, and the Spoo -71 points below valuation. In “shutdown” arrears for the Econ Baro we’ve November’s Durable Orders.