Silver, which tends to be more volatile, spiked 14.6 percent Monday to more than $116 per ounce before paring back. Silver prices have been driven higher by growing industrial uses in recent years, including solar panels and data center projects. Silver stockpiles have decreased recently on the Chicago Metals Exchange as shipments leave the U.S. for elsewhere, Gottlieb said. “What we’re seeing and hearing is that retail demand [for gold] in the U.S. is higher and going up,” he said. The increasing popularity of gold and silver raises concern with some personal finance experts.

Source: Washington Post January 26, 2026 23:49 UTC