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Gold Silver Price Forecast: Central Banks' 1000-Tonne Gold Buy Delivers Major Shock to Buyers, Impacts Global Market
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Gold, Silver Prices Soar: Investors Flock to Safe Havens Amid Market Instability
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News18
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23-02-2026, 15:37
Gold, Silver Prices Soar: Investors Flock to Safe Havens Amid Market Instability
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Gold and silver prices hit new records, driven by international trade wars and dollar depreciation.
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Investors are seeking safe havens, diverting funds to precious metals as inflation concerns rise.
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Central banks globally are aggressively accumulating gold, with over 1,000 metric tons added in 2025.
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Silver prices surge due to strong industrial demand from renewable energy and electronics sectors.
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Technical analysis shows gold surpassing $5141 resistance, targeting $5300; silver eyes $92 and $100.
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