Gold ended the week last week up 18.19% year to date, silver up 18.07%

 

Gold up 16.75% ytd, silver up 8.11%

 

Silver and gold remain up year-to-date

 

Hi yo sil . . .

 

Silver resumes its slide, plunging 12%, after short-lived rebound

 

... Spot silver prices were trading almost 12% lower at 8:32 a.m. ET, at around $77.42 per ounce ... 

Yes, the dollar weakened in January 2026, but within a big picture environment of a strong dollar not a weak dollar

The nominal broad U.S. Dollar Index last averaged below 120 in December 2023.

Gold and silver climbed to all time highs in January 2026, defying the standard narrative that precious metals are the haven of choice when the dollar is weak. 

 

117.89 on Jan 30th

119.22 average in Jan 2026

Gold and silver rebound but remain well off their highs, about -12% for gold, almost -29% for silver

Gold and silver bugs view it as a buying opportunity.

 Gold and silver rebound, pulling global mining stocks and precious metal ETFs higher

... Spot gold was last up about 5.5% to $4,921.29 per ounce. Gold futures in New York gained more than 6%, hovering at around $4,936.60 as of 4:48 a.m. ET.

Spot silver rose over 9% to settle at around $86.70 per ounce. Silver futures in New York were up 12% at $86.49. ...

Gold had hit a record high of $5,594.82 on Thursday January 29th, silver hit a record high of $121.64 the same day.

 

 

Gold had hit a record high of $5,594.82 on Thursday January 29th, silver hit a record high of $121.64 also on Thursday, and platinum hit its record high on Monday at $2,918.80

 -- Reuters

Gold and silver plunge after Trump picks more pragmatic Kevin Warsh to head the Fed over dove Kevin Hassett

 Gold and Silver tumble as Trump’s Fed Chair pick Warsh seen as preserving central bank independence

... Claudio Wewel, FX strategist at J. Safra Sarasin Sustainable Asset Management, told CNBC’s “Squawk Box Europe” on Friday that a “perfect storm” of geopolitical tensions had helped precious metals move higher this year, pointing to the U.S. capture of Venezuelan President Nicolas Maduro and Washington’s threats to use military force in Greenland and Iran.

More recently, he said, speculation over who would be nominated as the next Fed chair had been influencing metal markets.

“The market has clearly been pricing the risk of a much more dovish contender, that’s been largely helping the gold price along with other precious metal prices. Over the last 24 hours, the news flow has changed a little bit,” Wewel said, prior to Trump’s announcement. ...

Spot gold to $5,591.61, spot silver to $119.34

 -- Reuters 10:42pm EST

Spot gold hit a peak of $5,181.84 per ounce as of 03:57 p.m. EST today, silver hit a record high $117.69 on Monday

 -- Reuters

Silver hit a record high of $117.69 on Monday

 -- CNBC

Gold to $5110.50, silver to $110.11

 

Gold even higher to a record $4,988.17, silver even higher to a record $100.49, platinum even higher to a record $2,749.20

-- CNBC 

New record for gold at $4,967.03, new record for silver at $99.65, new record for platinum at $2,718.40

 -- CNBC

Spot gold climbs to a record peak of $4,917.65 per ounce, spot silver ‍surges to a record high of $96.58/oz

 -- CNBC

Yet more gold and silver record highs this week in the strongest dollar environment in years: Gold to $4,887.82 per ​ounce on Wednesday, silver to $95.87 on Tuesday

 -- CNBC

But the media and the so-called experts prattle on about dollar weakness.

 

Gold powers higher despite Trump's TACO on Greenland

 

Spot gold hit a record high $4,765.93 today, spot silver a record $95.87

 -- CNBC

Ratio 1:49.71 

Gold hit a record $4,642.72 on Wednesday, silver hit an all-time high of $93.57 today

 -- CNBC

Gold hits record high of $4,641.40/oz, silver at $92.23