Silver and gold hit record highs – then crashed. Before joining the rush, you need to know this
- Written by Angel Zhong, Professor of Finance, RMIT University
Zlaťáky.cz/Pexels, CC BYThe start of 2026 has seen gold and silver surge to record highs – only to crash on Friday.
Gold prices peaked above US$5,500 (A$7,900) per ounce for the first time on Thursday, well above previous highs. But by the end of Friday, it had dropped to around US$5068 (A$7,282).
Silver had been making gains even...
