Gold hit a new record high, silver rose above $90 for the first time
14 January 13:16
The rapid rise in precious metal prices is attributed to lower interest rates in the US and heightened geopolitical tensions.
This was reported by "Komersant Ukrainian", citing data from the Comex exchange and Bloomberg.
Record highs on the exchange
During morning trading on the New York Comex exchange, the price of silver rose to a peak of $91.37 per ounce (28.35 grams), which is 5.83% higher than previous figures.
Subsequently, there was a slight correction: as of 7:29 a.m. Kyiv time, the price stood at $90.49 per ounce.
Reasons for the increase
According to Bloomberg analysts, several key factors are currently driving the precious metals market:
- US economic policy: interest rate cuts by the Federal Reserve.
- Geopolitics: a general increase in global tensions, forcing investors to seek safe-haven assets.
- Crisis of confidence: prices were affected by the threat of criminal prosecution against the Fed’s leadership.
The spot price of gold rose 1.06% to $4,636.05 per troy ounce by 09:42 Kyiv time, having earlier risen to a record high of $4,639.42 during the session.
Historical records in the metals market
At the end of December 2025, the price of gold set a new historical high, demonstrating the best annual growth in the last four decades.
At the same time, silver also set new record prices.
It should be noted that mass protests in Iran, which led to human casualties, increased investor interest in precious metals as safe-haven assets. In addition, the sharp rise in prices is influenced by an acute shortage of silver on the world market.
Another reason for the latest price jump was US President Donald Trump’s order to block all tankers subject to sanctions. This move is aimed at isolating the Venezuelan regime, but it has caused concern in global markets.
As a result, investors began to actively transfer assets into metals, using them as a “safe haven” against the backdrop of Washington’s tightening sanctions policy.
