2026-01-23 00:08:20

Gold's climbing again. It just hit a near-record around $4,955 per ounce, riding on the back of a weakening US dollar that's been triggering a classic safe-haven rally. And it's not flying solo—silver's right there with it, smashing its own all-time high too.

The pattern here is pretty straightforward: when the dollar loses steam, hard assets tend to get a boost. Investors rotate into traditional safe havens like gold and silver, but the same weakness that's pumping precious metals also tends to support demand for alternative stores of value—something worth keeping in mind if you're thinking about portfolio diversification across different asset classes.

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LonelyAnchorman

· 18h ago

The US dollar is weakening again, and this time the rally in gold and silver is really a bit desperate. $4955? I need to jump in early, or do I have to wait until 5000 to move? Weak dollar = influx of safe-haven funds, this logic is really everywhere... but why does it always work? During this period of gold and silver soaring together, it really feels like there's nothing more stable than this. Why is it that every time the dollar crashes, we can finally breathe a sigh of relief? I didn't expect silver to break a new high; does this guy usually have such low presence?

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