Gold Surpasses $5,100 and Silver Jumps 15% as Investors Diversify From USA Dollar
Gold prices reached a record $5,100 per ounce while silver surged 15% in a single day as central banks and investors moved toward safe-haven assets.The rally follows increased geopolitical tensions and speculation that Trump may appoint Rick Rieder to replace Jerome Powell at the Federal Reserve.Analysts warn of potential volatility despite silver prices rising 220% over the last 12 months due to a physical shortage and strong exchange-traded fund flows.
Published:Monday