Both precious metals are boosted by their status as safe havens amid geopolitical and economic uncertainty, fueled in particular by Donald Trump’s destabilizing policies.
The economy does not like uncertainty, but gold and silver do.
As geopolitical conflicts and tensions multiply around the world, with Donald Trump intensifying the feeling of instability with his surprise announcements and U-turns, the prices of both precious metals, seen as safe havens, are soaring.
Continuous growth over the past two years
On January 26, gold, which has been rising steadily for two years, reached a record high of over $5,100 per ounce (31.1 grams).
Read also > The surge in gold prices impacts the watch and jewelry market
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