Precious Metals on the Rising Wave – Gold Reaches New Heights
The momentum in the commodity market remains strong. On January 5th, a clear strengthening of spot gold prices was recorded, reaching 4365.2 USD per ounce. The appreciation over the past 24 hours was 0.72%, indicating a consistent upward trend in this market.
Silver is rising in parallel, albeit somewhat more modestly. Its spot price was 73.1 USD per ounce, with a 0.42% increase over the 24-hour period. This disparity in growth rates between gold and silver reflects different demand conditions for both metals.
The precious metals sector is experiencing an interesting period. The nearly 400-dollar increase in gold price (compared to lower quotes from previous sessions) attracts attention from both traditional investors and active traders. Such appreciation suggests that inflation-protection portfolios are once again gaining popularity.
The upward trend in the commodity market signals a possible change in sentiment – investors may once again value the safety offered by these assets. It is worth monitoring whether this momentum will continue in the coming trading days.
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Precious Metals on the Rising Wave – Gold Reaches New Heights
The momentum in the commodity market remains strong. On January 5th, a clear strengthening of spot gold prices was recorded, reaching 4365.2 USD per ounce. The appreciation over the past 24 hours was 0.72%, indicating a consistent upward trend in this market.
Silver is rising in parallel, albeit somewhat more modestly. Its spot price was 73.1 USD per ounce, with a 0.42% increase over the 24-hour period. This disparity in growth rates between gold and silver reflects different demand conditions for both metals.
The precious metals sector is experiencing an interesting period. The nearly 400-dollar increase in gold price (compared to lower quotes from previous sessions) attracts attention from both traditional investors and active traders. Such appreciation suggests that inflation-protection portfolios are once again gaining popularity.
The upward trend in the commodity market signals a possible change in sentiment – investors may once again value the safety offered by these assets. It is worth monitoring whether this momentum will continue in the coming trading days.