Gold and silver prices soared, then plummeted. What’s going on?

AI Summary
Gold and silver prices experienced significant volatility, soaring to record highs before sharply declining in late January 2026. This fluctuation follows a year of substantial gains for precious metals, driven by factors such as economic uncertainty and geopolitical instability. Analysts attribute the price increases to investor demand for safe-haven assets amid concerns about Donald Trump's unpredictable policies and a weakening US dollar. Some believe the rising prices reflect a broader distrust in global economic systems due to high inflation and rising national debts. While prices recovered slightly on Tuesday, they remain below their peak values.
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