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The price of gold is soaring uncontrollably.

Following yesterday’s Fed decisions and new tensions with Iran, the price is heading towards $5,600 per ounce.

In addition to gold, silver is also surging, breaking through $120 before slightly slowing down to $118 per ounce, up over 4%.

[Source Ansa]

A new all-time high for the ultimate safe-haven asset, which this morning changed hands at $4,969: up 1% compared to yesterday, while the weekly gain exceeds 8%.

[Source: Finanza online]

Gold prices are moving toward new highs in today’s trading, with the metal changing hands at $4,881 per ounce. The safe-haven asset has gained 12.6% since the beginning of the year and more than 76% over the past twelve months. These record figures have been driven by market volatility, as investors grow concerned about the aggressive policies of President Donald Trump. Analysts have revised their targets upward: from a previously forecast $5,000 by the end of 2026, some now project prices as high as $7,500 (ICBC Standard Bank).

In a geopolitical environment at the mercy of uncertainty, gold remains firmly in the spotlight.

[Source: Milano Finanza]