Gold and silver started the year with a significant appreciation, indicating a rapid reaction from investors to global uncertainties. In the first days of trading, gold rose by 1.3%, reaching a peak of $4,600 per ounce, while silver advanced by over 4%, nearing a new historical record. This synchronized movement reflects an emotional reaction of the markets to perceived systemic risks, in the context of tensions in Iran and the scandal involving Federal Reserve Chairman Jerome Powell. Geopolitical instability and institutional fragility have acted as a catalyst for precious metals, which are resuming their role as a safe haven in a vulnerable financial system. Analysts suggest that these initial fluctuations could foreshadow high volatility and increased interest in precious metals in the coming months, with the possibility that the price of gold could reach $10,000 per ounce in the future. This trend underscores that, in the face of uncertainty, investors are seeking safety rather than spectacular returns.
Sources
Latest News
22:59
SpaceX intends to develop a new major center for the Starship program in Louisiana, with an estimated investment of 100 billion dollars.
22:54
Nicușor Dan has notified the Constitutional Court regarding the unconstitutionality of the Decarbonization Law of the energy sector, which affects Romania's obligations in the field of environmental protection.
22:43
Kelemen Hunor, about the failure of the Salary Law: "Such a decision cannot be made responsibly in just a few days. We are not legislating for the European Commission."
22:23
President Nicușor Dan will have meetings on Thursday with Maia Sandu and Volodymyr Zelensky in Chișinău, on the occasion of the Independence Day of the Republic of Moldova
22:07
Dragoș Pîslaru and Radu Miruță accuse PSD of sabotaging the negotiations for the Salary Law and the loss of 770 million euros from PNRR
See more news