Gold and silver prices hit new highs

Владислав Вислоцкий Economy
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The February futures for gold reached a new high, increasing by 1.1% to $4,435.6 per troy ounce. At the same time, the March 2026 silver futures rose by 2.55%, reaching $69,210 per troy ounce. At the opening of trading, silver climbed to $69,525, marking a new all-time high, according to data from the New York Comex exchange.

The price of the January platinum futures also showed an increase, rising by 4.16% compared to the previous session, and reached $2,102.6 per troy ounce, which is the first time it has exceeded the $2,100 level since the summer of 2008.

Gold and silver have been setting new records for the second consecutive week. Since the end of November, silver has increased in price by 23%, significantly outpacing other precious metals, and since the beginning of the year, its value has more than doubled. Since mid-November, gold and palladium in the spot market have risen by 3.3–7.8%.
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