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Precious metals market is strong, with gold and silver both reaching new highs
Market data shows that on January 13th, spot gold and silver performed remarkably. Among them, spot silver led the gains, rising 7.59% in a single day, breaking through $86 per ounce to set a new historical high. Meanwhile, spot gold was also not to be outdone, with an intraday increase of 2.67%, and the price was refreshed to above $4630 per ounce.
Silver’s strong performance is particularly notable, with a surge of $6.00 within 24 hours, creating a new record. The simultaneous upward movement of spot gold and silver reflects the market’s continued recognition of the safe-haven demand for precious metals.