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Los Angeles jeweler struggles to keep up with historic gold prices
Gold prices have surged to historic highs, topping $5,300 an ounce for the first time last week, a dramatic rise that is rippling through the precious metals market and forcing local jewelers to rethink how they do business. Silver prices are climbing even faster, and experts say the momentum is unlikely to slow anytime soon. Analysts predict elevated prices for precious metals could continue well into 2026, driven by global uncertainty, weakening currencies and soaring industrial demand. For Los Angeles jeweler Maya Brenner, the past year has been anything but predictable. "It's just been a roller ... (full story)
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From finance.yahoo.com | Feb 3, 2026
Gold and silver rebounded after a historic collapse from all-time highs lured dip-buyers back to precious metals. Spot gold climbed as much as 6.2% to more than $4,950 an ounce, recovering somewhat from its worst rout in more than a decade. Silver rose more than 12% trading above $89 an ounce as a risk-on tone returned to wider markets and the US dollar ...
Gold and silver prices rose sharply on Tuesday, with bullion set for its biggest daily rise since November 2008, as investors snapped up the metals following their steepest two‑day slump in decades. Spot gold climbed 5.3% to $4,913.59 an ounce by 1234 GMT. It is bouncing back from a low of $4,403.24 on Monday, while the $5,594.82 per ounce mark touched last ...
From cnbc.com | Feb 4, 2026
Gold and silver prices extended their rally on Wednesday, with analysts saying further gains will likely be determined by the direction of foreign exchange and interest rate expectations. Spot gold was up 2.4% at $5,054.6 per ounce as of 5:37 a.m. ET, while gold futures gained about 3.4%, to $5,1 . Meanwhile spot silver was up 5.8% $90 per ounce. Silver ...