Global markets entered 2026 amid rising geopolitical tensions, growing political pressure on the Federal Reserve, and a correction in precious-metal prices after a year of exceptional gains.

LIMS noted that gold prices surged sharply in 2025, rising by about 64%. The correction observed in January 2026 was largely driven by easing geopolitical tensions between the United States and Venezuela after a quick resolution, portfolio rebalancing, profit-taking after the strong rally and reduced consumer demand on jewelry. Silver outperformed gold during 2025, supported by similar safe-haven demand but also by strong industrial use, particularly in solar panels, electric vehicles, and electronics.

Concerns about the declining value of the US dollar also have implications for Lebanon. Because the Lebanese economy is highly dollarized, any depreciation of the dollar can translate into higher inflation locally. As a result, some Lebanese are increasingly seeking alternative stores of value, including gold, silver, and Bitcoin, to protect their savings against potential declines in the dollar’s value. Bitcoin also provides human rights activists and individuals facing financial restrictions with an independent channel for transactions and value storage. For those operating under capital controls or surveillance, Bitcoin’s ability to transfer funds securely and privately can offer a practical safeguard.
 
In Lebanon’s current environment, where banking restrictions persist and confidence in financial institutions remains fragile, individuals seeking to protect their savings face limited options. Gold has traditionally served that role, and increasingly Bitcoin is viewed as an additional alternative.

• The Future of Gold and Silver in 2026: Will the Historic Surges Continue? January 12, 2026: Nile TV, Video interview (3AR)
• Global Dollar Depreciation: Economic Risks and Monetary Alternatives. January 22, 2026: Al Markazia, Article (AR)