Gold Breaks Through the $5200 Barrier
Global markets have recently witnessed a renewed surge in interest in precious metals, with spot gold prices breaking through $5200 per ounce, gaining 1.13% during the day.
Silver Rises Sharply in Tandem
Silver has performed even more impressively, rising 4% during the day to a current price of $90.67 per ounce, indicating strong market demand for precious metals.
Market Analysis
- Geopolitical risks boosting risk aversion
- Elevated global inflation supporting gold prices
- Investor confidence in precious metals continues to recover