Gold, Silver, Platinum Hit Record Highs Amid Geopolitical Tensions, Economic Uncertainty
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Firstpost•23-01-2026, 13:23
Gold, Silver, Platinum Hit Record Highs Amid Geopolitical Tensions, Economic Uncertainty
- •Gold, silver, and platinum reached new record highs, driven by geopolitical tensions and economic uncertainty.
- •Spot gold climbed to $4,957.10 per ounce, after touching an all-time peak of $4,966.59.
- •The dollar index fell to a two-week low, making precious metals more affordable for international buyers.
- •Diminishing confidence in U.S. assets is channeling investments into precious metals, according to analysts.
- •Spot silver surged to $98.87 an ounce, with platinum gaining to $2,650.90 per ounce.
Why It Matters: Precious metals like gold, silver, and platinum are soaring to record highs due to global instability.
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