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Daily Market Overview 2026.1.7 1. Precious metals surge: Spot gold closed up 1.04%, at $4495.09 per ounce, approaching the $4500 mark; Spot silver skyrocketed 6.06% to $81.25 per ounce, breaking above the $81 level, reaching a new high since December 29, 2022! 2. U.S. stocks rise across the board to record highs: Dow +0.99%, S&P 500 +0.6% (both hitting new all-time highs), Nasdaq +0.65%.