tz-plus logo Gold: Breakthrough at $5,000 and Silver in a Triple-Digit Frenzy!

M. Blattmann
Reading Time: 3 minutes

The financial markets are witnessing a historic revaluation of the precious metals sector, as gold has broken through the psychologically and technically significant barrier of $5,000 at the start of the week. In a dynamic movement, the price for one troy ounce (31.1 grams) shot up by over 2% in early Monday trading to a new all-time high of $5,111. This continues the upward trend that already granted gold an increase of 8.5% the previous week. The smaller brother, silver, displays an even more explosive performance; after falling below the $100...

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