Jan 14th, 2026

Precious Metals Rally Powers On

Precious metals are off to strong starts this year, building on dramatic rallies in 2025, with the prospect of a criminal indictment against Federal Reserve Chair Jerome Powell reviving worries about the monetary authority’s independence. Silver broke above $90 an ounce for the first time and gold flirted with a record high. Bloomberg's Paul Dobson breaks down the situation.