Wednesday, February 5, 2025

Gold Sets Records Daily as News Deluge Boosts Market Volatility

Breaking News from America's #1 Precious Metals Dealer
Money Metals Exchange
** Market Conditions Alert **
Volatility in all markets is rising in the maw of on-again-off-again tariffs, poor earnings announcements in the tech sector, and wild action surrounding the precious metals markets.

Gold and silver continue to melt higher, with gold making new all-time highs almost daily.
The yellow metal is trading up $20 again this morning, surmounting the $2,870 level. Silver has ticked 10 cents higher to trade at $32.40 after five weeks of steady gains.

Other than a big day of retail demand in the U.S. on Monday, sparked by big declines in the U.S. stock market, interest in physical gold and silver remains at the same modest levels we've seen since last November's election.

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The recent gains in the monetary metals continue to be fueled by demand elsewhere, including institutional players and central banks.

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