Record Breakers: Gold and Silver Prices Climb

Precious Metals Soar to New Heights as Gold and Silver Prices Surge

Post by : Badri Ariffin

On Monday, both gold and silver achieved record prices, reflecting robust activity in the global precious metals market.

Spot gold climbed 1.6 percent to US$4,670.01 per ounce by 01:10 GMT, after hitting a historic peak of US$4,689.39 during the trading session.

In addition, US gold futures for February rose by 1.8 percent, trading at US$4,677 per ounce.

Silver experienced an even greater spike, with spot silver soaring 4.4 percent to US$93.85 per ounce, following a record high of US$94.08.

Other precious metals also experienced price increases; spot platinum was up 1.9 percent, reaching US$2,373.08 per ounce, while palladium rose 0.5 percent to US$1,809 per ounce.

Jan. 19, 2026 11:10 a.m. 304

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