The recent market trends are quite interesting—The Trump administration's Department of Justice has launched an investigation into Federal Reserve Chair Jerome Powell, which directly sparked concerns about the independence of the Federal Reserve. As a result, guess what happened? The precious metals market responded immediately.
Gold futures surged strongly, with the most active contract rising nearly 3%. The gold price has already surpassed the $4,600 per ounce mark, specifically reaching $4,632, hitting a new all-time high. The pace is quite rapid.
Silver performed even more aggressively. During trading, it briefly touched $85.5 per ounce, an increase of nearly 8%, also a new record. Compared to gold's record, silver's rally was even more intense.
The mining sector also benefited. Shares of leading mining companies like Barrick Mining and Newmont are both on the rise, indicating that investors are clearly voting with their feet, showing strong bullish sentiment for the precious metals market. This kind of correlation effect is especially evident when risk events unfold—traditional safe-haven assets and related industries tend to strengthen together.
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The recent market trends are quite interesting—The Trump administration's Department of Justice has launched an investigation into Federal Reserve Chair Jerome Powell, which directly sparked concerns about the independence of the Federal Reserve. As a result, guess what happened? The precious metals market responded immediately.
Gold futures surged strongly, with the most active contract rising nearly 3%. The gold price has already surpassed the $4,600 per ounce mark, specifically reaching $4,632, hitting a new all-time high. The pace is quite rapid.
Silver performed even more aggressively. During trading, it briefly touched $85.5 per ounce, an increase of nearly 8%, also a new record. Compared to gold's record, silver's rally was even more intense.
The mining sector also benefited. Shares of leading mining companies like Barrick Mining and Newmont are both on the rise, indicating that investors are clearly voting with their feet, showing strong bullish sentiment for the precious metals market. This kind of correlation effect is especially evident when risk events unfold—traditional safe-haven assets and related industries tend to strengthen together.