---
type: "Topics"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/topics/37164810.md"
description: "From January 8 to 14, 2026, the annual rebalancing of the Bloomberg Commodity Index (BCOM) will bring short-term technical selling pressure on gold and silver futures.BCOM is a global benchmark for commodity investments, with over $60 billion in passive funds strictly following its predefined weightings to allocate assets. Over the past three years, gold and silver have significantly outperformed other commodities, causing their actual weightings in the index to deviate from the target — gold is overweight by about 3%, and silver is overweight by about 9%. Passive funds must reduce their overweight positions in gold and silver futures to realign with the original proportions.Gold’s selling pressure accounts for 3% of its total futures holdings, while silver, due to its smaller market size, faces selling pressure of 9%, making the impact more pronounced. This is a rule-based operation, not a reflection of deteriorating fundamentals for gold and silver. Moreover, seasonal upward momentum at the start of the year may offset the selling pressure. Strategically, avoid chasing highs during this period, set a 5%-8% stop-loss for positions, and watch for long-term opportunities after the pullback."
datetime: "2025-12-16T07:12:02.000Z"
locales:
  - [en](https://longbridge.com/en/topics/37164810.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/37164810.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/37164810.md)
author: "[我是汤姆](https://longbridge.com/zh-CN/profiles/17745586.md)"
---

> 支持的语言: [English](https://longbridge.com/en/topics/37164810.md) | [繁體中文](https://longbridge.com/zh-HK/topics/37164810.md)


# From January 8 to 14, 2026, the annual rebalancing…


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## 评论 (9)

- **sicong_ · 2025-12-16T07:47:36.000Z**: How did gold and silver perform during previous BCOM rebalancing periods? Is there any historical data for reference?
  - **数据宝** (2025-12-16T08:08:44.000Z): For example, in the 2024 rebalancing, silver experienced a short-term pullback of about 6%, and gold pulled back around 3%, but both gradually recovered — though history is just a reference.
- **懒人股不通 · 2025-12-16T07:39:02.000Z**: Will other commodities, such as crude oil and copper, rise due to this rebalancing, apart from gold and silver?
  - **Mr.庄** (2025-12-16T07:41:10.000Z): After passive funds reduce their positions in gold and silver, they will increase their holdings in commodities with insufficient weight (such as crude oil and copper, which rose less before), but the
- **神柚一 · 2025-12-16T07:38:38.000Z**: After passive funds finish reducing their holdings, will gold and silver rebound immediately? Can we chase the rally right after the reduction?
- **岭南过客 · 2025-12-16T07:37:36.000Z**: Between seasonal rise and selling pressure hedging, which force is stronger? Is it possible that the selling pressure can't suppress the upward trend at all?
  - **Mr.庄** (2025-12-16T07:40:05.000Z): It's impossible to determine the outcome in advance; it depends on the strength of buy orders at the time. If risk-averse demand rises at the beginning of the year, seasonal gains may dominate; but pa
- **专买垃圾股的散户 · 2025-12-16T07:25:34.000Z**: Which force is stronger, seasonal rise or selling pressure hedging? Is it possible that the selling pressure can't suppress the rising trend at all?
- **牛年平安 · 2025-12-16T07:16:25.000Z**: Silver selling pressure accounts for 9%, the impact is more obvious. How many points will silver probably fall during this period? I'm not sure and dare not hold positions.