Heading into 2026, the metals market is witnessing a notable shift. Silver and copper? They're stealing the spotlight from gold. Both institutional players and retail traders are doubling down on these metals, betting big on what could be historic rallies.

Gold used to be the go-to safe haven. But now the action's elsewhere. Silver's industrial demand is surging alongside its monetary appeal. Copper, the economic bellwether, is getting positioned for supply crunches and infrastructure booms.

The positioning data tells the story: funds are stacking long positions while retail accounts follow suit. Everyone's chasing the same narrative—that these base metals might just deliver outsized returns this cycle. Whether that pans out remains to be seen, but the momentum is undeniable.