Gold, Silver Hit Fresh Records on Softer Inflation, Haven Demand
Barrons·2026-01-14 17:51

Precious metals climbed to fresh record highs, with silver breaking above 90anounceonsofterthanexpectedU.S.inflationdataandrisinggeopoliticalrisks.Inearlytrading,NewYorkgoldfuturesrose0.990 an ounce on softer-than-expected U.S. inflation data and rising geopolitical risks. In early trading, New York gold futures rose 0.9% to 4,642.60 a troy ounce after reaching a record of 4,647.60.Silverfuturessoared4.24,647.60.Silver futures soared 4.2% to 90.02 an ounce, having hit a high of $91.37 earlier in the session. Traders' expectations for the Federal Reserve to cut rates by midyear got a boost from the latest CPI reading, benefiting nonyielding asse ...

Gold, Silver Hit Fresh Records on Softer Inflation, Haven Demand - Reportify