"The precious metals reached record highs again in the early hours of Wednesday. Silver hit over $91 per ounce, more than a 26% increase year-to-date and a 201% increase over the last 12 months. Silver had reached more than $90 for the first time on Tuesday. Meanwhile, gold rose this morning to more than $4,637 an ounce-up more than 7% in 2026 and over 73% for the past year."
"Gold hit a record $4,600 an ounce on Monday after news broke that federal prosecutors are investigating Federal Reserve Chair Jerome Powell. Officially, the U.S. Attorney's Office for the District of Columbia is looking into $2.5 billion spent to renovate the Federal Reserve headquarters. However, President Trump has made his disdain for Powell well known, with the latter refusing Trump's demands to slash interest rates."
Gold and silver reached new record highs, with silver surpassing $91 per ounce, a more than 26% year-to-date increase and a 201% rise over the past 12 months. Gold climbed above $4,637 an ounce, up over 7% in 2026 and more than 73% year-over-year. Gold earlier hit $4,600 after news emerged that federal prosecutors are investigating Federal Reserve Chair Jerome Powell. The U.S. Attorney's Office for the District of Columbia is examining $2.5 billion spent to renovate Federal Reserve headquarters. President Trump has expressed disdain for Powell after Powell refused demands to cut interest rates. Powell characterized the investigation as part of broader administration pressure.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]