Gold and silver prices reached record highs today. Here’s what’s next for 2026 |
Gold and silver prices rose to record highs in early trading on Monday, spurred on by a confluence of a few different political events and economic factors, including tensions over the U.S. seizing of possibly another oil tanker from Venezuela, speculation of future Federal Reserve rate cuts, overall economy insecurity, and bets on U.S. monetary policy in 2026.
In addition, there is the issue of increasing U.S. debt and increasing demands of AI. “The continued strength in gold is part of the so-called ‘debasement trade,’ where investors are seeking a hedge against the unprecedented global G7 debt,” Ben McMillan, CEO of IDX Advisors, told Fast Company. “For silver, we have the added element that roughly 70% of........