Recently, spot precious metals have performed remarkably well. On January 19, silver surged all the way, directly hitting a new historical high of $93.69 per ounce, with an intraday increase of over 4%. Gold was not to be outdone, with its rally continuing to expand to 2%, currently trading at $4690 per ounce, also hitting a new high. The simultaneous rise of the two major precious metals reflects the market's continued optimism about their safe-haven properties and hedging needs. For traders interested in commodities and alternative asset allocations, this wave of market activity is indeed worth close attention.
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CryptoPunster
· 21h ago
Silver is taking off, but my wallet keeps hitting the daily limit down. It seems that the safe-haven property is useless for me as a rookie.
To those going all-in on gold, now I can finally explain why they are so desperately cutting us.
Another new all-time high, another demand for preservation of value. Honestly, it's just the big players bottom-fishing your panic sell-offs.
Precious metals soaring like this makes me even more anxious. I feel that something big is about to happen.
Watching others' stories of sudden wealth, and then looking at my own account balance... I realize, I am that "alternative asset."
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GateUser-a180694b
· 01-20 15:45
Silver is over 93? This is just the beginning, the real show is yet to come.
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UnluckyValidator
· 01-19 00:48
Silver is over 93 dollars now. This move is really outrageous. I should have gone all in last year if I had known.
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SeasonedInvestor
· 01-19 00:30
Silver is soaring directly, this rhythm is definitely driven by exploding risk aversion sentiment.
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DAOdreamer
· 01-19 00:26
Silver is rising so rapidly, I really can't hold back anymore
Recently, spot precious metals have performed remarkably well. On January 19, silver surged all the way, directly hitting a new historical high of $93.69 per ounce, with an intraday increase of over 4%. Gold was not to be outdone, with its rally continuing to expand to 2%, currently trading at $4690 per ounce, also hitting a new high. The simultaneous rise of the two major precious metals reflects the market's continued optimism about their safe-haven properties and hedging needs. For traders interested in commodities and alternative asset allocations, this wave of market activity is indeed worth close attention.