A recent round of precious metals rally has ignited. New York gold futures surged back above the $4,300 mark, with the latest quote at $4,309.3 per ounce, a single-day increase of over $80. The main contract of domestic Shanghai Gold also rose nearly 1%, now trading at ¥968.16 per gram.
Silver performed even more strongly. During the trading session, its increase once expanded to 6%. The main contract of Shanghai silver broke through the ¥15,000 mark, hitting a new high. Since the beginning of this year, spot silver has risen by 120%, significantly outpacing gold.
Why is this happening? The underlying logic is actually not complicated. The recent series of actions by the Federal Reserve directly boosted confidence in precious metals—they announced they will purchase $8.2 billion worth of Treasury bonds on Friday, and previously said they would buy $40 billion over the next 30 days, while also cutting interest rates by 25 basis points. Once these signals were released, the market immediately responded: the Fed may continue to ease policy.
Employment data is also contributing to the trend. The latest report from the U.S. Department of Labor shows initial unemployment claims increased by 44,000, the largest weekly increase since March 2020, indicating the job market is starting to weaken. This further reinforces expectations of rate cuts, supporting gold and silver prices.
Another noteworthy factor is geopolitical tensions. The situation between the U.S. and Venezuela continues to escalate. Recently, the U.S. Treasury announced a new round of sanctions targeting government officials' families and several companies involved in oil transportation, indicating the U.S. is further increasing its leverage. Such uncertainties typically boost demand for safe-haven assets.
Comparing this to the stock market performance, the market sentiment becomes even clearer. The three major U.S. stock indices diverged last night: the Dow rose 1.34% to a new all-time high, but tech stocks fared less well—Oracle fell 10.8%, Intel dropped 3%, Nvidia declined 1.5%, and the Nasdaq China Golden Dragon Index also dipped slightly. Under these circumstances, investors are naturally more inclined to shift funds into defensive assets like precious metals.
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airdrop_huntress
· 15h ago
Silver's 120% surge is incredible—this is the true king of safe havens.
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The Federal Reserve's reckless money printing has made gold and silver popular, while tech stocks are still taking a hit... rotation is very obvious.
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With escalating geopolitical tensions and soft unemployment data, no wonder funds are flowing into precious metals, maintaining a solid defensive position.
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Is it still worth chasing precious metals now? It feels a bit late... Silver has already surged like this.
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Shanghai Silver broke through 15,000, and the circle of friends is once again frantically cutting leeks—so annoying.
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Expectations of rate cuts have sparked a wave of interest in precious metals; the stock market is really losing its appeal.
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Venezuela sanctions plus poor employment data—it's a perfect script for precious metals.
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The Dow hit a new high, but tech stocks are getting slaughtered—this divergence is too extreme, no wonder everyone is rushing to gold.
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82 billion + 400 billion in treasury bonds... The Fed's move is like giving a shot of adrenaline to gold and silver.
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Silver has risen 120% this year, I didn't get in. Now chasing it is probably too risky.
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FortuneTeller42
· 12-13 14:35
Is a 120% increase in silver serious? This calls for bottom fishing. The stock market is falling, especially tech stocks, so money should flow into safe-haven assets.
Does the appreciation of the RMB have any impact on precious metals? Feels like this point wasn’t explained clearly.
The Fed’s liquidity injection has already been reflected. Is it a bit late to enter now?
Shanghai silver at 15,000 feels like a bubble is coming—an all-time high, everyone.
Unemployment data is poor, so rate cuts are really coming. Should gold prices keep rising?
Venezuela’s situation is actually a black swan event. Safe-haven demand has always existed.
Silver has surged so much more than gold. Does this indicate the market is betting on an industrial recovery?
The Fed’s purchase of $40 billion in government bonds is essentially money printing. Is gold still at the bottom or at a high level?
The Dow hit a new high, but tech stocks plummeted. The divergence is too extreme; funds are indeed shifting.
Is this price level still worth allocating to gold? Feels like it’s no longer cheap.
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EyeOfTheTokenStorm
· 12-12 09:47
Silver up 120%. This data looks exciting, but from a quantitative perspective, the risk accumulation in this rally is already quite evident... It is recommended that everyone control their positions.
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The Federal Reserve's liquidity injection + escalating geopolitical tensions, this combination is indeed a perfect catalyst for safe-haven assets. However, pay attention to technical indicators; whether the 4300 level can hold is crucial.
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Interesting, tech stocks plummeting and precious metals soaring are classic signals of risk re-evaluation. I experienced such a turning point in 2017 as well, and everyone knows the final outcome...
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Shanghai Silver breaking 15,000 and hitting a new high? Don't be fooled by the short-term gains; such rapid increases often indicate a potential top, so be cautious.
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Worsening employment data + Fed easing, indeed supporting gold prices from a macro cycle perspective, but the question is how much of this rally is driven by emotional bubbles.
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Dow Jones hitting a new high, tech stocks crashing... capital rotation is very obvious. At this point, the defensive qualities of precious metals are worth considering, but don't forget to set stop-losses.
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An $80 single-day increase, this pace is a bit fast. Based on my technical analysis, be cautious of overly optimistic short-term sentiment.
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FlashLoanPrince
· 12-12 09:45
Silver up 120%, are you kidding me? Is this real?
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The Federal Reserve's move directly added fuel to gold and silver, no wonder prices are surging.
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With tech stocks falling so sharply, no wonder everyone is rushing to buy metals.
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$4300 support level, is this really the breakout or just another pullback?
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Whenever geopolitical tensions tighten, safe-haven assets must heat up. Why is this logic always so rigid?
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Silver leading gold, this time it’s quite fierce, but can it last?
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The Federal Reserve easing, poor employment data, and safe-haven demand all combined to push gold prices higher.
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The Dow hits a new high, but tech stocks are falling—this divergence is quite interesting.
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A 120% increase sounds a bit frightening, feels like a market crash is coming.
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With the US and Venezuela at odds, our safe-haven assets are also benefiting. This trade isn’t bad.
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ForkItAllDay
· 12-12 09:41
Silver's 120% surge is truly incredible—this is the real safe-haven asset.
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As soon as the Federal Reserve loosens policy, gold soars—such a clear logic.
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Technology stocks plummet, investors buy bottom in precious metals—knowledgable move.
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Shanghai Silver breaks 15,000—this is the rhythm of takeoff.
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Poor employment data means the Federal Reserve will cut interest rates, gold and silver thrive.
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Geopolitical turmoil causes precious metals to rise—it's safe-haven behavior.
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Dow hits new highs, tech stocks all decline? Clearly, funds are fleeing technology.
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Silver's 120% increase is truly outrageous, gold has been left behind.
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The Fed buying government bonds and flooding the market—precious metals take off immediately, the signal is very clear.
View OriginalReply0
ForkThisDAO
· 12-12 09:39
The 120% increase in silver is truly incredible, much more fierce than gold.
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The Fed's move is basically openly saying they will continue to flood the market with liquidity; precious metals are just lying back and winning.
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With tech stocks falling so much, no wonder everyone is rushing to buy gold and silver at the bottom.
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Venezuela is causing trouble again; safe-haven assets should rise, this logic makes sense.
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Unemployment numbers hit a new high, it seems the US economy is struggling a bit.
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Shanghai silver broke the 15,000 mark; I just want to know how high this round can go.
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The Dow hit a new high, but tech stocks are dragging down the index; this divergence is quite interesting.
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With such strong expectations of rate cuts, is there still room for gold prices to rise?
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The $40 billion bond purchase plan really treats precious metals as treasures.
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Switching from tech stocks to precious metals—that's what you call a change in the wind.
View OriginalReply0
LightningAllInHero
· 12-12 09:39
Silver surges 120% ? How crazy is that, completely leaving gold in the dust
Expectations of rate cuts are really that effective, when the Fed loosens monetary policy, precious metals take off
With tech stocks in the US market falling so much, no wonder everyone is piling into gold
Geopolitical tensions are so chaotic, safe-haven assets are truly life-saving
Silver doubled in value, I didn’t buy in. Is there still a chance to catch up now, brothers?
The unemployment benefit data is so poor, the Fed will definitely keep easing
Can the $4300 level hold this time? Feels like it could pull back at any moment
Sanctions on Venezuela are back, how long can this risk-off sentiment last?
Shanghai silver broke 15,000, I really didn’t expect that, it surged so strongly at the start of the year
Tech stocks plummeting and gold taking off, this rotation is truly amazing
View OriginalReply0
MEVvictim
· 12-12 09:23
Silver up 120%, is this real or am I seeing things?
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The Federal Reserve is starting to loosen again, no wonder gold prices are booming. Should I stock up on some silver?
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Tech stocks keep falling, no wonder everyone is rushing into precious metals.
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Venezuela is up to something again, safe-haven assets are definitely going to rise.
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Has Shanghai silver broken 15000? I feel like the opportunity in silver is bigger than in gold.
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Poor employment data means rate cuts, this logic feels familiar, here we go again.
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The Federal Reserve is pumping out $40 billion, how can gold and silver not rise?
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The Dow hit a new high but tech stocks plummeted, this market is really splitting apart.
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Silver has risen so sharply, better watch out for a pullback.
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When geopolitical tensions flare up, gold becomes the favorite again, it's an old rule.
A recent round of precious metals rally has ignited. New York gold futures surged back above the $4,300 mark, with the latest quote at $4,309.3 per ounce, a single-day increase of over $80. The main contract of domestic Shanghai Gold also rose nearly 1%, now trading at ¥968.16 per gram.
Silver performed even more strongly. During the trading session, its increase once expanded to 6%. The main contract of Shanghai silver broke through the ¥15,000 mark, hitting a new high. Since the beginning of this year, spot silver has risen by 120%, significantly outpacing gold.
Why is this happening? The underlying logic is actually not complicated. The recent series of actions by the Federal Reserve directly boosted confidence in precious metals—they announced they will purchase $8.2 billion worth of Treasury bonds on Friday, and previously said they would buy $40 billion over the next 30 days, while also cutting interest rates by 25 basis points. Once these signals were released, the market immediately responded: the Fed may continue to ease policy.
Employment data is also contributing to the trend. The latest report from the U.S. Department of Labor shows initial unemployment claims increased by 44,000, the largest weekly increase since March 2020, indicating the job market is starting to weaken. This further reinforces expectations of rate cuts, supporting gold and silver prices.
Another noteworthy factor is geopolitical tensions. The situation between the U.S. and Venezuela continues to escalate. Recently, the U.S. Treasury announced a new round of sanctions targeting government officials' families and several companies involved in oil transportation, indicating the U.S. is further increasing its leverage. Such uncertainties typically boost demand for safe-haven assets.
Comparing this to the stock market performance, the market sentiment becomes even clearer. The three major U.S. stock indices diverged last night: the Dow rose 1.34% to a new all-time high, but tech stocks fared less well—Oracle fell 10.8%, Intel dropped 3%, Nvidia declined 1.5%, and the Nasdaq China Golden Dragon Index also dipped slightly. Under these circumstances, investors are naturally more inclined to shift funds into defensive assets like precious metals.