By early 2026, the global macro environment (low interest rate expectations, geopolitical risks, AI/green transformation demands) favors hard assets and commodities. In 2025, precious metals and copper have significantly outperformed Bitcoin and the stock market, but the gains in 2026 will depend on supply shortages, industrial demand, and risk sentiment.

Based on institutional forecasts (Goldman Sachs, JPMorgan Chase, S&P, HSBC, etc.) and market consensus, we assess the potential (percentage increase, not absolute prices). Copper has the highest potential, followed by silver and Bitcoin; gold remains the most stable but with the smallest increase.

Short-term (2026) ranking of potential gains: Copper > Silver > Bitcoin > Gold. Copper benefits from the AI/electrification "super cycle," with the most severe supply crisis, potentially leading in percentage gains.
Silver's dual attributes (industrial + safe haven) make it easier to outperform gold.
Bitcoin has high beta (amplified volatility), capable of explosive bull runs but with high uncertainty.
Gold is the most defensive, suitable for hedging.

Long-term (by 2030+): Copper and silver have stronger structural demand, while Bitcoin depends on adoption rates.
Market consensus: Overall optimism for "hard assets/commodities" in 2026, with precious metals + copper possibly continuing the momentum from 2025; some forecasts suggest Bitcoin may lag behind. [咖啡][咖啡][咖啡]#Gate广场创作者新春激励