Gold and Silver Extend Record Rally Amid Fed Uncertainty and Geopolitical Tensions
Gold surged past $4,600 an ounce while silver breached $90, marking a relentless rally fueled by institutional demand and macroeconomic instability. The Federal Reserve's credibility crisis—amplified by reports of a criminal investigation into Chair Jerome Powell—has accelerated capital flight into hard assets.
Trade tensions between the U.S. and China continue to disrupt supply chains, further tightening physical metal availability. Analysts now project gold testing $5,000 and silver reaching $100 as industrial demand converges with speculative positioning.
Persistent dollar weakness and escalating global conflicts have cemented precious metals as the dominant hedge of 2026. Market participants increasingly view central bank policies as unreliable, creating a self-reinforcing cycle of demand for non-sovereign stores of value.
