Gold and Silver Prices Experience Significant Fluctuations Following Impressive Annual Gains
Infrastructure Capital Advisors CEO Jay Hatfield and Sanctuary Wealth chief investment strategist Mary Ann Bartels discuss Wall Street volatility and break down new economic data on Mornings with Maria.
Gold and silver prices have experienced notable fluctuations in recent weeks, following a significant surge over the past two years. The spot price of gold has increased by 67% over the last year, while silver has seen an impressive rise of 158%. However, both precious metals faced a sharp decline recently, with gold prices dropping over 9% and silver plummeting more than 27% in just one week. This downturn also impacted gold bullion, which recorded its steepest single-day drop since 1983, falling over 9.8% on January 30.
As of Monday morning trading, spot gold prices were below $4,700 an ounce, while silver dipped below $79. Despite these recent declines, gold remains up approximately 66% year-over-year, and silver is up about 147%.
The rising values of gold and silver have attracted consumer interest, with many individuals looking to sell their gold and silver jewelry amidst the volatility, while others are eager to invest in these precious commodities.
GOLD RUSH 2.0: AMERICANS CASH IN AS PRECIOUS METAL HOVERS NEAR ALL-TIME HIGH
Gold prices have surged in the last year and have experienced significant volatility in the last week. (CFOTO/Future Publishing via Getty Images)
Mukarram Mawjood, founder of Bullionite Asset Group, emphasized to FOX Business that jewelry “carries a retail premium not directly correlated to moves in investment-grade gold and silver,” suggesting that jewelry should not be viewed as an investment when purchased.
ECONOMIST WARNS COMING FINANCIAL CRISIS WILL MAKE 2008 LOOK LIKE ‘SUNDAY SCHOOL PICNIC’
Rising gold and silver values over the last year have drawn the attention of consumers. (Mike Segar/Reuters)
According to a research note from JPMorgan, gold prices are projected to reach $6,300 per ounce by the end of 2026, driven by demand from central banks and investors. The firm remains optimistic about gold’s medium-term outlook, citing a structural trend favoring real assets over paper assets.
5 REASONS WHY GOLD IS A HOT COMMODITY
The spot price of gold is up 67% over the last year while the silver spot price has risen 158% in that time. (Photographer: Chris Ratcliffe/Bloomberg via Getty Images)
Deutsche Bank has also reaffirmed its gold price forecast of $6,000 an ounce for this year, citing sustained investor demand. Meanwhile, UBS has raised its forecast for gold prices to $6,200 for March, June, and September 2026.
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Reuters contributed to this report.
Infrastructure Capital Advisors CEO Jay Hatfield and Sanctuary Wealth chief investment strategist Mary Ann Bartels discuss Wall Street volatility and break down new economic data on Mornings with Maria.
Gold and silver prices have experienced notable fluctuations in recent weeks, following a significant surge over the past two years. The spot price of gold has increased by 67% over the last year, while silver has seen an impressive rise of 158%. However, both precious metals faced a sharp decline recently, with gold prices dropping over 9% and silver plummeting more than 27% in just one week. This downturn also impacted gold bullion, which recorded its steepest single-day drop since 1983, falling over 9.8% on January 30.
As of Monday morning trading, spot gold prices were below $4,700 an ounce, while silver dipped below $79. Despite these recent declines, gold remains up approximately 66% year-over-year, and silver is up about 147%.
The rising values of gold and silver have attracted consumer interest, with many individuals looking to sell their gold and silver jewelry amidst the volatility, while others are eager to invest in these precious commodities.
GOLD RUSH 2.0: AMERICANS CASH IN AS PRECIOUS METAL HOVERS NEAR ALL-TIME HIGH
Gold prices have surged in the last year and have experienced significant volatility in the last week. (CFOTO/Future Publishing via Getty Images)
Mukarram Mawjood, founder of Bullionite Asset Group, emphasized to FOX Business that jewelry “carries a retail premium not directly correlated to moves in investment-grade gold and silver,” suggesting that jewelry should not be viewed as an investment when purchased.
ECONOMIST WARNS COMING FINANCIAL CRISIS WILL MAKE 2008 LOOK LIKE ‘SUNDAY SCHOOL PICNIC’
Rising gold and silver values over the last year have drawn the attention of consumers. (Mike Segar/Reuters)
According to a research note from JPMorgan, gold prices are projected to reach $6,300 per ounce by the end of 2026, driven by demand from central banks and investors. The firm remains optimistic about gold’s medium-term outlook, citing a structural trend favoring real assets over paper assets.
5 REASONS WHY GOLD IS A HOT COMMODITY
The spot price of gold is up 67% over the last year while the silver spot price has risen 158% in that time. (Photographer: Chris Ratcliffe/Bloomberg via Getty Images)
Deutsche Bank has also reaffirmed its gold price forecast of $6,000 an ounce for this year, citing sustained investor demand. Meanwhile, UBS has raised its forecast for gold prices to $6,200 for March, June, and September 2026.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Reuters contributed to this report.
