Silver Breaks $100 Barrier for First Time as Gold Nears $5,000

Gold / Silver
Gold / Silver

New York:  Silver prices surged above $100 per ounce for the first time in history today, while gold reached a fresh record high, nearing the $5,000-per-ounce level, as investors flocked to safe-haven assets amid escalating geopolitical tensions and expectations of a future cut in US interest rates.

Spot silver jumped 4.5 percent to $100.49 per ounce. The metal recorded gains of more than 200 percent over the past year, supported by continued supply shortages and challenges in expanding processing capacity.

Gold rose 0.8 percent in spot trading to $4,976.49 per ounce, after touching a record high of $4,988.17 earlier in the session. US gold futures for February delivery climbed 1.3 percent to $4,978.60 per ounce.

Market expectations indicate that the US Federal Reserve is likely to keep interest rates unchanged at its upcoming meeting on 27–28 January, while investors continue to anticipate two interest rate cuts during the second half of 2026.

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.