🔴 Gold breaks records and surpasses $4600, silver reaches historic peak
🔴 💰 Gold recorded a historic surge today Monday, crossing the $4600 per ounce barrier for the first time in history, while silver soared to its all-time high above $84.40.
🔴 ⚖️ This rocket-like rise is attributed to a "political shock" in Washington after the Department of Justice summoned Federal Reserve Chair Jerome Powell for investigation, sparking deep concerns about the central bank's independence and the stability of U.S. monetary policy.
🔴 ⚔️ Growing pressures stem from escalating geopolitical tensions, especially Iran's threats to target U.S. bases, and Trump's statements about "invading" Greenland and taking control of Venezuela's oil, pushing investors to flee en masse toward safe-haven assets.
📌 Impact: The upward trend in precious metals as a last resort against dollar volatility will continue, with prices expected to target $5000 for gold in the coming months if the clash between the White House and the Federal Reserve persists.$XAU $XAG
🔴 💰 Gold recorded a historic surge today Monday, crossing the $4600 per ounce barrier for the first time in history, while silver soared to its all-time high above $84.40.
🔴 ⚖️ This rocket-like rise is attributed to a "political shock" in Washington after the Department of Justice summoned Federal Reserve Chair Jerome Powell for investigation, sparking deep concerns about the central bank's independence and the stability of U.S. monetary policy.
🔴 ⚔️ Growing pressures stem from escalating geopolitical tensions, especially Iran's threats to target U.S. bases, and Trump's statements about "invading" Greenland and taking control of Venezuela's oil, pushing investors to flee en masse toward safe-haven assets.
📌 Impact: The upward trend in precious metals as a last resort against dollar volatility will continue, with prices expected to target $5000 for gold in the coming months if the clash between the White House and the Federal Reserve persists.$XAU $XAG