Influenced by high geopolitical uncertainty, gold and silver futures prices on the COMEX in New York rose on the 11th. The February gold futures price once broke through $4,600 per ounce, while the silver futures price also fluctuated near the high level of $84 per ounce, both setting new historical records.
Market analysis suggests that the rise in international gold prices, as an important safe-haven asset, is affected by the geopolitical situation. The U.S. government's recent large-scale military action against Venezuela and the forceful control and transfer of President Maduro and his wife to the United States is seen by observers as an act of strong-arm tactics that will accelerate global "de-dollarization," thereby providing strong support for international gold prices.
Simultaneously, due to persistently tight supply in the silver market, international silver prices have rebounded once again. Analysis indicates that the current silver supply shortage is difficult to alleviate in the short term. In this environment, market expectations are that silver prices will continue their upward trend.
In 2025, gold prices have increased by over 60%, while silver prices have surged by nearly 150%.
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