Gold continued to rise, reaching a record price of nearly $5,600 per ounce, with an increase of 2.6% in a single day. This increase is fueled by investors' search for safety amid geopolitical and economic uncertainties, as well as the rising U.S. debt. Gold has gained over 27% this year, following a 64% increase in 2025, and analysts suggest that any decline could be a buying opportunity. Meanwhile, silver reached a record level of $119.34, with an increase of over 60% in 2026, due to investor demand and supply shortages. The Federal Reserve kept interest rates unchanged, and demand for gold was also supported by crypto groups' plans to invest in physical gold. Alongside this, the price of platinum has risen, while palladium has recorded a decline.
Sources
Aurul se apropie de 5.600 de dolari, pe fondul căutării de siguranță de către investitori; argintul vizează 120 de dolari
Aurul sare cu peste 3%, la noi maxime, în timp ce piețele bursiere asiatice înregistrează evoluții mixte, după ce Fed-ul american menține ratele dobânzilor
Gold surges past $5,500 amid Iran tensions, weakening US dollar
Latest News
09:20
The Football Association of Wales is withdrawing its support for Gianni Infantino in leading FIFA.
09:19
Who will write the next chapter of the European economy?
09:10
Romania authorizes nearly 900 bear sacrifices in 2026 and 2027, under the attention of the Italian press
09:06
Traffic restrictions in the counties of Arad, Bihor, and Satu Mare, due to the red heatwave alert.
08:46
Emergency meeting at the Ministry of Energy. Major industrial consumers convened to discuss voluntary reduction of electricity consumption.
See more news